AE Wealth Management LLC Sells 39,623 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

AE Wealth Management LLC lessened its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 453,945 shares of the company’s stock after selling 39,623 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 0.8% of AE Wealth Management LLC’s portfolio, making the stock its 19th largest position. AE Wealth Management LLC owned about 0.17% of iShares MSCI USA Quality Factor ETF worth $77,516,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Unique Wealth Strategies LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $37,000. MCF Advisors LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the first quarter valued at $37,000. Opal Wealth Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth about $41,000. City State Bank increased its stake in iShares MSCI USA Quality Factor ETF by 123.7% in the 1st quarter. City State Bank now owns 255 shares of the company’s stock worth $42,000 after buying an additional 141 shares during the period. Finally, Headlands Technologies LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the 1st quarter valued at about $48,000.

iShares MSCI USA Quality Factor ETF Price Performance

iShares MSCI USA Quality Factor ETF stock opened at $179.02 on Friday. The stock has a market cap of $47.24 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The firm has a 50-day moving average of $172.88 and a two-hundred day moving average of $167.67. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63.

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.