Comprehensive Financial Consultants Institutional Inc. Sells 5,368 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Comprehensive Financial Consultants Institutional Inc. reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 49.4% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 5,498 shares of the company’s stock after selling 5,368 shares during the quarter. Comprehensive Financial Consultants Institutional Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $986,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of QUAL. GAMMA Investing LLC increased its stake in iShares MSCI USA Quality Factor ETF by 3.6% in the third quarter. GAMMA Investing LLC now owns 1,670 shares of the company’s stock valued at $299,000 after purchasing an additional 58 shares in the last quarter. Carnegie Investment Counsel grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.5% in the 2nd quarter. Carnegie Investment Counsel now owns 11,675 shares of the company’s stock valued at $1,994,000 after buying an additional 61 shares during the period. Procyon Advisors LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 4.7% in the 3rd quarter. Procyon Advisors LLC now owns 1,354 shares of the company’s stock valued at $243,000 after buying an additional 61 shares in the last quarter. Bristlecone Advisors LLC raised its stake in iShares MSCI USA Quality Factor ETF by 0.4% during the 2nd quarter. Bristlecone Advisors LLC now owns 17,056 shares of the company’s stock worth $2,912,000 after buying an additional 63 shares during the period. Finally, Columbus Macro LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 1.3% during the third quarter. Columbus Macro LLC now owns 5,116 shares of the company’s stock worth $926,000 after acquiring an additional 66 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.9 %

BATS:QUAL opened at $183.96 on Friday. The stock has a market cap of $48.55 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The stock has a 50-day moving average price of $178.46 and a two-hundred day moving average price of $172.01. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63.

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.