Summit Wealth Partners LLC Sells 4,094 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Summit Wealth Partners LLC reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.2% in the 1st quarter, Holdings Channel reports. The fund owned 124,776 shares of the company’s stock after selling 4,094 shares during the period. iShares MSCI USA Quality Factor ETF makes up 3.8% of Summit Wealth Partners LLC’s investment portfolio, making the stock its 3rd largest position. Summit Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $23,933,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of QUAL. Advocate Investing Services LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $25,000. Resources Management Corp CT ADV purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $27,000. Financial Life Planners acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $28,000. Ares Financial Consulting LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $30,000. Finally, Cornerstone Financial Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth $30,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $215.83 on Tuesday. The company has a market capitalization of $62.58 billion, a PE ratio of 25.59 and a beta of 1.05. The company’s fifty day moving average price is $211.14 and its 200 day moving average price is $203.81. iShares MSCI USA Quality Factor ETF has a 1 year low of $175.21 and a 1 year high of $219.82.

iShares MSCI USA Quality Factor ETF Company 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.