Integrated Wealth Concepts LLC Sells 152,351 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Integrated Wealth Concepts LLC lessened its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 13.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 953,726 shares of the company’s stock after selling 152,351 shares during the period. iShares MSCI USA Quality Factor ETF comprises 1.7% of Integrated Wealth Concepts LLC’s investment portfolio, making the stock its 7th biggest holding. Integrated Wealth Concepts LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $185,500,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Almanack Investment Partners LLC. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 0.4% during the 3rd quarter. Almanack Investment Partners LLC. now owns 13,062 shares of the company’s stock worth $2,541,000 after purchasing an additional 52 shares during the last quarter. Cape Investment Advisory Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 2.3% in the second quarter. Cape Investment Advisory Inc. now owns 2,517 shares of the company’s stock valued at $460,000 after buying an additional 57 shares in the last quarter. Atlas Brown Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 2.0% during the 3rd quarter. Atlas Brown Inc. now owns 2,889 shares of the company’s stock worth $562,000 after buying an additional 57 shares during the last quarter. NorthCrest Asset Manangement LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 4.4% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 1,375 shares of the company’s stock worth $269,000 after acquiring an additional 58 shares in the last quarter. Finally, GFG Capital LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 4.3% during the 3rd quarter. GFG Capital LLC now owns 1,442 shares of the company’s stock worth $280,000 after acquiring an additional 59 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $195.15 on Monday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $205.65. The firm has a market capitalization of $56.58 billion, a PE ratio of 25.59 and a beta of 1.05. The stock’s 50-day simple moving average is $202.43 and its 200-day simple moving average is $197.72.

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.