iShares MSCI USA Quality Factor ETF (BATS:QUAL) is MA Private Wealth’s 3rd Largest Position

MA Private Wealth reduced its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 242,284 shares of the company’s stock after selling 39,866 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 8.1% of MA Private Wealth’s holdings, making the stock its 3rd biggest holding. MA Private Wealth’s holdings in iShares MSCI USA Quality Factor ETF were worth $43,442,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of QUAL. Halpern Financial Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $26,000. MCF Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the first quarter worth about $37,000. Unique Wealth Strategies LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at about $37,000. Opal Wealth Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at about $41,000. Finally, Headlands Technologies LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter valued at about $48,000.

iShares MSCI USA Quality Factor ETF Stock Down 0.1 %

Shares of BATS QUAL traded down $0.13 during midday trading on Friday, reaching $179.72. 708,796 shares of the company’s stock traded hands. The company has a market cap of $47.43 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The stock’s 50 day simple moving average is $177.84 and its 200-day simple moving average is $170.61.

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.