iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Brookstone Capital Management

Brookstone Capital Management lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 9.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 139,484 shares of the company’s stock after selling 14,036 shares during the quarter. Brookstone Capital Management’s holdings in iShares MSCI USA Quality Factor ETF were worth $27,130,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Walkner Condon Financial Advisors LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the second quarter worth about $213,000. Coordinated Financial Services Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at $980,000. Wealthcare Advisory Partners LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.3% during the second quarter. Wealthcare Advisory Partners LLC now owns 60,750 shares of the company’s stock valued at $11,106,000 after purchasing an additional 3,611 shares during the last quarter. Etesian Wealth Advisors Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 9.9% in the 2nd quarter. Etesian Wealth Advisors Inc. now owns 4,648 shares of the company’s stock worth $850,000 after purchasing an additional 417 shares in the last quarter. Finally, Sage Advisory Services Ltd.Co. raised its holdings in iShares MSCI USA Quality Factor ETF by 1.7% during the 2nd quarter. Sage Advisory Services Ltd.Co. now owns 38,317 shares of the company’s stock worth $7,005,000 after buying an additional 638 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 13.8%

QUAL stock opened at $200.99 on Thursday. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $187.26. The firm has a 50-day moving average of $196.54 and a two-hundred day moving average of $190.35. The firm has a market capitalization of $58.28 billion, a PE ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.