MRA Advisory Group Reduces Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

MRA Advisory Group lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 45,090 shares of the company’s stock after selling 4,009 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 4.4% of MRA Advisory Group’s holdings, making the stock its 8th largest holding. MRA Advisory Group’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,700,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of QUAL. MCF Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the 1st quarter valued at $37,000. Unique Wealth Strategies LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $37,000. Opal Wealth Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $41,000. City State Bank increased its holdings in iShares MSCI USA Quality Factor ETF by 123.7% in the 1st quarter. City State Bank now owns 255 shares of the company’s stock valued at $42,000 after buying an additional 141 shares during the period. Finally, Headlands Technologies LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the 1st quarter valued at $48,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $170.66 on Friday. The firm has a market capitalization of $45.04 billion, a PE ratio of 23.03 and a beta of 1.03. The company’s fifty day moving average price is $172.30 and its two-hundred day moving average price is $166.72. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63.

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.