iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC trimmed its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 40.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,210 shares of the company’s stock after selling 14,113 shares during the period. Elevation Point Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,125,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth about $25,000. Financial Life Planners acquired a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $28,000. CoreFirst Bank & Trust purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $33,000. First Horizon Corp acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth $36,000. Finally, Phillips Financial Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $39,000.

iShares MSCI USA Quality Factor ETF Trading Down 0.5%

Shares of QUAL opened at $195.15 on Friday. The firm has a market capitalization of $56.58 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The firm’s fifty day simple moving average is $202.43 and its 200-day simple moving average is $197.66. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $205.65.

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.