Flagstar Advisors Inc. Decreases Stake in iShares MSCI USA Quality Factor ETF $QUAL

Flagstar Advisors Inc. lowered its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 34.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 4,958 shares of the company’s stock after selling 2,648 shares during the period. Flagstar Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $985,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Hantz Financial Services Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $25,000. Financial Life Planners bought a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $28,000. CoreFirst Bank & Trust purchased a new stake in iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at $33,000. First Horizon Corp purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $36,000. Finally, Ransom Advisory Ltd bought a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter worth $39,000.

iShares MSCI USA Quality Factor ETF Trading Down 2.0%

QUAL stock opened at $190.15 on Friday. The firm’s 50-day moving average price is $200.82 and its two-hundred day moving average price is $197.91. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $205.65. The stock has a market capitalization of $55.13 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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