ShoreHaven Wealth Partners LLC Sells 12,029 Shares of iShares MSCI USA Quality Factor ETF $QUAL

ShoreHaven Wealth Partners LLC trimmed its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 15.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 64,399 shares of the company’s stock after selling 12,029 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 4.6% of ShoreHaven Wealth Partners LLC’s holdings, making the stock its 5th biggest holding. ShoreHaven Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $12,526,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. HB Wealth Management LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 256.4% during the third quarter. HB Wealth Management LLC now owns 18,196 shares of the company’s stock valued at $3,539,000 after acquiring an additional 13,091 shares during the period. Howard Financial Services LTD. grew its position in iShares MSCI USA Quality Factor ETF by 1.7% during the 3rd quarter. Howard Financial Services LTD. now owns 505,170 shares of the company’s stock worth $98,256,000 after purchasing an additional 8,224 shares in the last quarter. CX Institutional grew its position in iShares MSCI USA Quality Factor ETF by 452.5% during the 3rd quarter. CX Institutional now owns 1,127 shares of the company’s stock worth $219,000 after purchasing an additional 923 shares in the last quarter. Etesian Wealth Advisors Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 24.8% during the 3rd quarter. Etesian Wealth Advisors Inc. now owns 5,803 shares of the company’s stock valued at $1,129,000 after purchasing an additional 1,155 shares during the period. Finally, Asset Advisors Investment Management LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.8% in the third quarter. Asset Advisors Investment Management LLC now owns 53,263 shares of the company’s stock valued at $10,360,000 after purchasing an additional 1,447 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 14.3%

Shares of QUAL stock opened at $201.95 on Thursday. The company has a market capitalization of $58.55 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26. The stock’s fifty day simple moving average is $197.41 and its 200-day simple moving average is $191.89.

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.