Ullmann Wealth Partners Group LLC Trims Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Ullmann Wealth Partners Group LLC trimmed its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 52,684 shares of the company’s stock after selling 3,335 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 1.1% of Ullmann Wealth Partners Group LLC’s holdings, making the stock its 18th biggest holding. Ullmann Wealth Partners Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,247,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of QUAL. Keener Financial Planning LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth about $29,000. CoreFirst Bank & Trust purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $33,000. Legacy Wealth Managment LLC ID acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter valued at approximately $37,000. CX Institutional boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 151.9% in the second quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after buying an additional 123 shares in the last quarter. Finally, Legacy Investment Solutions LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the second quarter worth $40,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $201.03 on Monday. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $187.26. The firm has a market capitalization of $58.29 billion, a P/E ratio of 25.59 and a beta of 1.05. The company’s fifty day moving average is $196.87 and its two-hundred day moving average is $190.71.

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.