Great Valley Advisor Group Inc. Sells 78 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Great Valley Advisor Group Inc. reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.7% during the third quarter, HoldingsChannel.com reports. The firm owned 4,639 shares of the company’s stock after selling 78 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $832,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Stonebrook Private Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 1.1% during the third quarter. Stonebrook Private Inc. now owns 118,563 shares of the company’s stock valued at $21,258,000 after buying an additional 1,254 shares during the last quarter. Meridian Wealth Management LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.0% during the third quarter. Meridian Wealth Management LLC now owns 6,288 shares of the company’s stock valued at $1,127,000 after acquiring an additional 242 shares in the last quarter. Nwam LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $3,261,000. Citigroup Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 67.0% in the 3rd quarter. Citigroup Inc. now owns 48,355 shares of the company’s stock worth $8,670,000 after purchasing an additional 19,407 shares in the last quarter. Finally, Valence8 US LP grew its position in iShares MSCI USA Quality Factor ETF by 12.1% during the 3rd quarter. Valence8 US LP now owns 337,472 shares of the company’s stock valued at $60,509,000 after purchasing an additional 36,424 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $183.75 on Tuesday. The firm has a market cap of $48.49 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The firm has a 50-day simple moving average of $180.29 and a two-hundred day simple moving average of $174.19.

iShares MSCI USA Quality Factor ETF 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.