Sequoia Financial Advisors LLC Has $22.22 Million Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Sequoia Financial Advisors LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 101,261 shares of the company’s stock after selling 4,025 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $22,220,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Empire Life Investments Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 0.8% during the fourth quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock worth $1,222,000 after buying an additional 50 shares during the last quarter. Sunbelt Securities Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 1.4% in the 4th quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock valued at $723,000 after acquiring an additional 52 shares during the period. First Command Advisory Services Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 16.5% during the 4th quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock worth $74,000 after acquiring an additional 53 shares during the last quarter. Northwest Financial Advisors boosted its stake in iShares MSCI USA Quality Factor ETF by 3.8% during the 1st quarter. Northwest Financial Advisors now owns 1,457 shares of the company’s stock worth $279,000 after acquiring an additional 53 shares during the last quarter. Finally, Sherman Wealth Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 0.3% during the second quarter. Sherman Wealth Management LLC now owns 20,726 shares of the company’s stock valued at $4,548,000 after purchasing an additional 53 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $219.56 on Thursday. iShares MSCI USA Quality Factor ETF has a 52-week low of $185.88 and a 52-week high of $227.32. The stock has a market cap of $63.66 billion, a P/E ratio of 25.59 and a beta of 1.05. The firm has a 50 day moving average price of $221.27 and a 200 day moving average price of $211.51.

About iShares MSCI USA Quality Factor ETF

The iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund that is based on the MSCI USA Sector Neutral Quality index. The fund tracks an index of US large- and mid-cap stocks, selected and weighted by high ROE, stable earnings growth and low debt\u002Fequity, relative to peers in each sector. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.