Retirement Wealth Solutions LLC Decreases Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Retirement Wealth Solutions LLC reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 49.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,313 shares of the company’s stock after selling 6,237 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 0.8% of Retirement Wealth Solutions LLC’s portfolio, making the stock its 26th largest holding. Retirement Wealth Solutions LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,385,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its position in shares of iShares MSCI USA Quality Factor ETF by 36.9% during the 1st quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock valued at $1,676,734,000 after acquiring an additional 2,357,971 shares during the period. Two Sigma Investments LP grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 99.7% in the 3rd quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after acquiring an additional 964,500 shares during the period. Goldman Sachs Group Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 403.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock valued at $220,005,000 after purchasing an additional 887,478 shares in the last quarter. Heck Capital Advisors LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $81,990,000. Finally, Orion Porfolio Solutions LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 298.3% during the second quarter. Orion Porfolio Solutions LLC now owns 542,767 shares of the company’s stock worth $99,229,000 after purchasing an additional 406,488 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $223.46 on Friday. The stock has a fifty day moving average price of $220.94 and a 200 day moving average price of $210.98. The stock has a market cap of $64.79 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $185.88 and a 1 year high of $227.32.

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.