Empower Advisory Group LLC Has $538,000 Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Empower Advisory Group LLC decreased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 23.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 3,001 shares of the company’s stock after selling 917 shares during the period. Empower Advisory Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $538,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Commonwealth Retirement Investments LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 2.3% in the third quarter. Commonwealth Retirement Investments LLC now owns 15,347 shares of the company’s stock worth $2,752,000 after purchasing an additional 343 shares during the period. First Heartland Consultants Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 21.3% in the third quarter. First Heartland Consultants Inc. now owns 11,295 shares of the company’s stock worth $2,025,000 after acquiring an additional 1,983 shares in the last quarter. Savvy Advisors Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 21.3% during the third quarter. Savvy Advisors Inc. now owns 4,944 shares of the company’s stock valued at $887,000 after acquiring an additional 868 shares in the last quarter. Verus Capital Partners LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 15.0% during the third quarter. Verus Capital Partners LLC now owns 38,762 shares of the company’s stock worth $6,950,000 after purchasing an additional 5,053 shares during the period. Finally, OVERSEA CHINESE BANKING Corp Ltd lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.9% in the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 254,239 shares of the company’s stock worth $45,585,000 after purchasing an additional 11,849 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.6 %

Shares of QUAL stock opened at $182.55 on Friday. The firm has a fifty day simple moving average of $179.12 and a two-hundred day simple moving average of $172.86. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The firm has a market capitalization of $48.17 billion, a PE ratio of 23.03 and a beta of 1.03.

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.