Advisor Resource Council Has $404,000 Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Advisor Resource Council reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 90.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,457 shares of the company’s stock after selling 23,570 shares during the period. Advisor Resource Council’s holdings in iShares MSCI USA Quality Factor ETF were worth $404,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in QUAL. VisionPoint Advisory Group LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth $25,000. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $28,000. Thompson Investment Management Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $34,000. MCF Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth about $37,000. Finally, City State Bank lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 123.7% in the first quarter. City State Bank now owns 255 shares of the company’s stock worth $42,000 after acquiring an additional 141 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $172.21 on Friday. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The business’s 50 day simple moving average is $166.73 and its 200 day simple moving average is $159.64. The stock has a market capitalization of $45.45 billion, a PE ratio of 23.03 and a beta of 1.03.

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.