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

SteelPeak Wealth LLC reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 169,304 shares of the company’s stock after selling 27,855 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 1.1% of SteelPeak Wealth LLC’s holdings, making the stock its 18th largest position. SteelPeak Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $32,930,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Walkner Condon Financial Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $213,000. Coordinated Financial Services Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at $980,000. Wealthcare Advisory Partners LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 6.3% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 60,750 shares of the company’s stock valued at $11,106,000 after purchasing an additional 3,611 shares during the last quarter. Etesian Wealth Advisors Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 9.9% in the second quarter. Etesian Wealth Advisors Inc. now owns 4,648 shares of the company’s stock worth $850,000 after purchasing an additional 417 shares in the last quarter. Finally, Sage Advisory Services Ltd.Co. raised its holdings in iShares MSCI USA Quality Factor ETF by 1.7% during the second quarter. Sage Advisory Services Ltd.Co. now owns 38,317 shares of the company’s stock valued at $7,005,000 after buying an additional 638 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 12.5%

QUAL opened at $198.73 on Friday. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26. The firm has a market capitalization of $57.62 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock’s 50 day moving average price is $197.17 and its two-hundred day moving average price is $191.11.

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.