iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 440,423 shares of the company’s stock after selling 14,281 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 4.6% of Sax Wealth Advisors LLC’s holdings, making the stock its 4th biggest holding. Sax Wealth Advisors LLC owned approximately 0.15% of iShares MSCI USA Quality Factor ETF worth $85,662,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Keener Financial Planning LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the second quarter worth about $29,000. CoreFirst Bank & Trust acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at approximately $33,000. Legacy Wealth Managment LLC ID bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter worth approximately $37,000. CX Institutional boosted its position in shares of iShares MSCI USA Quality Factor ETF by 151.9% during the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after acquiring an additional 123 shares in the last quarter. Finally, Legacy Investment Solutions LLC bought a new position in iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $40,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $200.07 on Wednesday. The business has a fifty day moving average price of $197.04 and a two-hundred day moving average price of $191.01. The stock has a market capitalization of $58.01 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.