iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Global Wealth Strategies & Associates

Global Wealth Strategies & Associates trimmed its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 17,641 shares of the company’s stock after selling 2,971 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 0.7% of Global Wealth Strategies & Associates’ investment portfolio, making the stock its 22nd biggest holding. Global Wealth Strategies & Associates’ holdings in iShares MSCI USA Quality Factor ETF were worth $3,871,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Advocate Investing Services LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $25,000. Resources Management Corp CT ADV purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $27,000. Financial Life Planners purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter worth about $28,000. Ares Financial Consulting LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $30,000. Finally, Cornerstone Financial Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $30,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $219.32 on Monday. The stock has a 50 day moving average of $216.70 and a 200 day moving average of $207.37. The stock has a market cap of $63.59 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a twelve month low of $181.65 and a twelve month high of $221.16.

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.