Tanglewood Wealth Management Inc. Has $25.66 Million Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Tanglewood Wealth Management Inc. trimmed its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 143,104 shares of the company’s stock after selling 646 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 3.0% of Tanglewood Wealth Management Inc.’s portfolio, making the stock its 13th largest position. Tanglewood Wealth Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $25,659,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. GAMMA Investing LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,670 shares of the company’s stock worth $299,000 after buying an additional 58 shares during the period. Carnegie Investment Counsel increased its stake in shares of iShares MSCI USA Quality Factor ETF by 0.5% in the second quarter. Carnegie Investment Counsel now owns 11,675 shares of the company’s stock worth $1,994,000 after purchasing an additional 61 shares during the period. Procyon Advisors LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 4.7% during the 3rd quarter. Procyon Advisors LLC now owns 1,354 shares of the company’s stock worth $243,000 after purchasing an additional 61 shares during the last quarter. Bristlecone Advisors LLC boosted 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 valued at $2,912,000 after purchasing an additional 63 shares during the period. Finally, Columbus Macro LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 1.3% in the 3rd quarter. Columbus Macro LLC now owns 5,116 shares of the company’s stock valued at $926,000 after buying an additional 66 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.5 %

Shares of QUAL stock opened at $179.62 on Thursday. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The firm has a market cap of $47.40 billion, a PE ratio of 23.03 and a beta of 1.03. The stock has a 50 day moving average of $178.17 and a 200-day moving average of $171.19.

iShares MSCI USA Quality Factor ETF 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.