Level Financial Advisors Sells 170 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Level Financial Advisors decreased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,551 shares of the company’s stock after selling 170 shares during the period. Level Financial Advisors’ holdings in iShares MSCI USA Quality Factor ETF were worth $1,879,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of QUAL. FMR LLC boosted its position 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 valued at $2,841,683,000 after buying an additional 1,160,410 shares during the last quarter. LPL Financial LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after acquiring an additional 950,857 shares during the period. M&T Bank Corp increased its position in iShares MSCI USA Quality Factor ETF by 0.7% in the third quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock worth $726,199,000 after purchasing an additional 28,147 shares during the period. MML Investors Services LLC increased its position in iShares MSCI USA Quality Factor ETF by 6.3% in the third quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock worth $512,735,000 after purchasing an additional 170,321 shares during the period. Finally, Cerity Partners LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 7.2% during the 3rd quarter. Cerity Partners LLC now owns 2,583,297 shares of the company’s stock worth $463,185,000 after purchasing an additional 173,127 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 3.3 %

Shares of BATS QUAL opened at $182.51 on Tuesday. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The firm’s 50-day moving average is $181.80 and its 200-day moving average is $178.16. The firm has a market capitalization of $48.16 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.