Commonwealth Retirement Investments LLC Has $3.13 Million Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Commonwealth Retirement Investments LLC lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 18.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 16,076 shares of the company’s stock after selling 3,609 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 1.1% of Commonwealth Retirement Investments LLC’s holdings, making the stock its 26th biggest holding. Commonwealth Retirement Investments LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,127,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Keener Financial Planning LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter valued at approximately $29,000. CoreFirst Bank & Trust acquired a new position in iShares MSCI USA Quality Factor ETF during the 2nd quarter worth $33,000. First Horizon Corp bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $36,000. Phillips Financial Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $39,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $40,000.

iShares MSCI USA Quality Factor ETF Stock Up 14.6%

Shares of QUAL opened at $202.40 on Monday. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26. The firm has a market capitalization of $58.69 billion, a PE ratio of 25.59 and a beta of 1.05. The stock’s fifty day simple moving average is $200.47 and its 200-day simple moving average is $194.39.

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.