RFG Advisory LLC Sells 13,869 Shares of iShares MSCI USA Quality Factor ETF $QUAL

RFG Advisory LLC lowered its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 30.0% in the first quarter, Holdings Channel.com reports. The institutional investor owned 32,414 shares of the company’s stock after selling 13,869 shares during the period. RFG Advisory LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,217,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of QUAL. Godsey & Gibb Inc. grew its position in iShares MSCI USA Quality Factor ETF by 69.8% in the first quarter. Godsey & Gibb Inc. now owns 163 shares of the company’s stock valued at $31,000 after acquiring an additional 67 shares during the last quarter. Brandywine Oak Private Wealth LLC raised its stake in iShares MSCI USA Quality Factor ETF by 17.0% during the first quarter. Brandywine Oak Private Wealth LLC now owns 8,451 shares of the company’s stock worth $1,621,000 after acquiring an additional 1,229 shares in the last quarter. Legacy Wealth Partners LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.9% in the first quarter. Legacy Wealth Partners LLC now owns 2,742 shares of the company’s stock worth $526,000 after acquiring an additional 128 shares during the last quarter. PMG Wealth Management Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 5.8% in the first quarter. PMG Wealth Management Inc. now owns 45,960 shares of the company’s stock worth $8,816,000 after acquiring an additional 2,512 shares during the last quarter. Finally, Signal Advisors Wealth LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.3% in the 1st quarter. Signal Advisors Wealth LLC now owns 12,241 shares of the company’s stock valued at $2,348,000 after purchasing an additional 278 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.1%

QUAL opened at $213.19 on Thursday. The company has a market cap of $61.81 billion, a P/E ratio of 25.59 and a beta of 1.05. The company’s 50 day moving average is $211.65 and its 200-day moving average is $204.01. iShares MSCI USA Quality Factor ETF has a 1-year low of $179.01 and a 1-year high of $219.82.

iShares MSCI USA Quality Factor ETF Company Profile

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.