Premier Path Wealth Partners LLC Lowers Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Premier Path Wealth Partners LLC trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 52,856 shares of the company’s stock after selling 4,381 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 1.4% of Premier Path Wealth Partners LLC’s portfolio, making the stock its 13th biggest position. Premier Path Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,498,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in QUAL. Brighton Jones LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 25.3% in the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after buying an additional 2,023 shares during the period. Heck Capital Advisors LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth $81,990,000. Bison Wealth LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 21.6% in the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after buying an additional 3,383 shares during the period. AQR Capital Management LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 45.5% in the 1st quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock worth $3,363,000 after buying an additional 6,152 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 88.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock worth $22,591,000 after buying an additional 62,219 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Down 0.4%

QUAL opened at $199.47 on Friday. The firm has a market cap of $57.84 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12 month low of $156.13 and a 12 month high of $205.65. The stock has a fifty day moving average price of $198.77 and a 200-day moving average price of $198.09.

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.