Scissortail Wealth Management LLC Sells 7,576 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Scissortail Wealth Management LLC reduced its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 79,907 shares of the company’s stock after selling 7,576 shares during the period. iShares MSCI USA Quality Factor ETF comprises 3.4% of Scissortail Wealth Management LLC’s investment portfolio, making the stock its 4th largest holding. Scissortail Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $15,542,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Avantra Family Wealth Inc. bought a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $1,493,000. Walkner Condon Financial Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF in the second quarter worth approximately $213,000. Insight Inv LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $1,016,000. Coordinated Financial Services Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter valued at approximately $980,000. Finally, CGC Financial Services LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 846.1% during the third quarter. CGC Financial Services LLC now owns 149,619 shares of the company’s stock valued at $29,101,000 after acquiring an additional 133,804 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 12.9%

Shares of BATS:QUAL opened at $199.46 on Wednesday. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The stock’s 50 day moving average is $198.78 and its 200-day moving average is $193.29. The firm has a market capitalization of $57.83 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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.