Abel Hall LLC Decreases Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Abel Hall LLC reduced its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.1% during the third quarter, HoldingsChannel reports. The fund owned 9,609 shares of the company’s stock after selling 111 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 1.1% of Abel Hall LLC’s holdings, making the stock its 16th biggest position. Abel Hall LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,723,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in QUAL. Envestnet Asset Management Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 3.7% during the second quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock worth $4,787,771,000 after purchasing an additional 999,735 shares during the last quarter. FMR LLC increased its stake in iShares MSCI USA Quality Factor ETF by 7.9% in the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after purchasing an additional 1,160,410 shares during the period. LPL Financial LLC lifted its position in iShares MSCI USA Quality Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after purchasing an additional 950,857 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 21.9% during the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after purchasing an additional 863,219 shares during the period. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 5.9% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,106,475 shares of the company’s stock worth $530,462,000 after purchasing an additional 172,340 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.2 %

BATS:QUAL opened at $186.46 on Monday. The firm has a market capitalization of $49.21 billion, a P/E ratio of 23.03 and a beta of 1.03. The company has a fifty day moving average of $181.58 and a 200 day moving average of $175.49. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week 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.