Integrated Wealth Concepts LLC trimmed its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 8.9% in the second quarter, Holdings Channel.com reports. The fund owned 715,455 shares of the company’s stock after selling 69,595 shares during the period. iShares MSCI USA Quality Factor ETF comprises 0.9% of Integrated Wealth Concepts LLC’s portfolio, making the stock its 12th biggest holding. Integrated Wealth Concepts LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $156,992,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Advocate Investing Services LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $25,000. Resources Management Corp CT ADV acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $27,000. Financial Life Planners acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter worth $28,000. Cornerstone Financial Management LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth $30,000. Finally, Godsey & Gibb Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 69.8% during the first quarter. Godsey & Gibb Inc. now owns 163 shares of the company’s stock worth $31,000 after purchasing an additional 67 shares during the period.
iShares MSCI USA Quality Factor ETF Stock Down 0.8%
Shares of BATS QUAL opened at $220.79 on Wednesday. iShares MSCI USA Quality Factor ETF has a 12 month low of $185.88 and a 12 month high of $227.32. The company has a market cap of $64.02 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The business has a fifty day simple moving average of $221.26 and a 200-day simple moving average of $211.39.
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.
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Want to see what other hedge funds are holding QUAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report).
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