Magnus Financial Group LLC Has $1.55 Million Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Magnus Financial Group LLC reduced its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 55.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,955 shares of the company’s stock after selling 9,845 shares during the quarter. Magnus Financial Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,547,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Elevate Capital Advisors LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 14.7% in the third quarter. Elevate Capital Advisors LLC now owns 18,122 shares of the company’s stock worth $3,525,000 after acquiring an additional 2,327 shares during the last quarter. Procyon Advisors LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 3.3% in the third quarter. Procyon Advisors LLC now owns 3,350 shares of the company’s stock valued at $652,000 after buying an additional 107 shares during the period. Avantra Family Wealth Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth about $1,493,000. Ashton Thomas Securities LLC bought a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at about $5,919,000. Finally, Bestgate Wealth Advisors LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 1.2% during the third quarter. Bestgate Wealth Advisors LLC now owns 11,990 shares of the company’s stock worth $2,332,000 after buying an additional 147 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $202.47 on Thursday. The firm has a market cap of $58.71 billion, a P/E ratio of 25.59 and a beta of 1.05. The firm’s 50-day simple moving average is $198.17 and its 200-day simple moving average is $192.71. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26.

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