Symphony Financial Ltd. Co. Sells 39,773 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Symphony Financial Ltd. Co. decreased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 31.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 87,470 shares of the company’s stock after selling 39,773 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 2.9% of Symphony Financial Ltd. Co.’s investment portfolio, making the stock its 9th largest holding. Symphony Financial Ltd. Co.’s holdings in iShares MSCI USA Quality Factor ETF were worth $11,681,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Diversified LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 1.1% during the first quarter. Diversified LLC now owns 7,460 shares of the company’s stock worth $926,000 after acquiring an additional 83 shares during the period. Prudential PLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.4% during the 1st quarter. Prudential PLC now owns 3,764 shares of the company’s stock valued at $467,000 after purchasing an additional 90 shares in the last quarter. Colony Group LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.9% in the 2nd quarter. Colony Group LLC now owns 5,251 shares of the company’s stock valued at $587,000 after purchasing an additional 98 shares during the period. Beaumont Financial Advisors LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 4.0% during the first quarter. Beaumont Financial Advisors LLC now owns 2,654 shares of the company’s stock worth $329,000 after buying an additional 102 shares in the last quarter. Finally, Valeo Financial Advisors LLC grew its position in iShares MSCI USA Quality Factor ETF by 2.4% during the first quarter. Valeo Financial Advisors LLC now owns 4,862 shares of the company’s stock valued at $603,000 after buying an additional 115 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 0.3 %

QUAL traded up $0.38 on Tuesday, reaching $136.45. The stock had a trading volume of 829,419 shares. The business’s 50-day moving average price is $137.54 and its two-hundred day moving average price is $130.07. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The company has a market cap of $30.86 billion, a P/E ratio of 16.30 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.