Sightline Wealth Advisors LLC Decreases Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Sightline Wealth Advisors LLC decreased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 9.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,205 shares of the company’s stock after selling 853 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 0.8% of Sightline Wealth Advisors LLC’s holdings, making the stock its 28th biggest holding. Sightline Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,461,000 at the end of the most recent quarter.

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

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL traded down $2.64 during mid-day trading on Monday, hitting $176.35. The company had a trading volume of 1,261,973 shares. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The stock has a market cap of $46.54 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The firm’s 50 day simple moving average is $182.11 and its two-hundred day simple moving average is $177.59.

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.