Mutual Advisors LLC Sells 1,707 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Mutual Advisors LLC trimmed its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 45,450 shares of the company’s stock after selling 1,707 shares during the quarter. Mutual Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,157,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Halpern Financial Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at about $26,000. Barrett & Company Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. Voisard Asset Management Group Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $27,000. OLD Second National Bank of Aurora acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $27,000. Finally, Centennial Bank AR bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $29,000.

iShares MSCI USA Quality Factor ETF Trading Up 4.0 %

BATS QUAL opened at $183.74 on Thursday. The firm’s 50 day simple moving average is $181.67 and its 200 day simple moving average is $177.94. The firm has a market capitalization of $48.49 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63.

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.