iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Sold by Summit Wealth Partners LLC

Summit Wealth Partners LLC trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 148,404 shares of the company’s stock after selling 5,434 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 5.3% of Summit Wealth Partners LLC’s portfolio, making the stock its largest holding. Summit Wealth Partners LLC owned about 0.06% of iShares MSCI USA Quality Factor ETF worth $25,342,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Peapack Gladstone Financial Corp lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.4% during the fourth quarter. Peapack Gladstone Financial Corp now owns 6,031 shares of the company’s stock worth $888,000 after purchasing an additional 86 shares in the last quarter. Belpointe Asset Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $561,000. CIBC Private Wealth Group LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 86.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 5,044 shares of the company’s stock valued at $742,000 after purchasing an additional 2,340 shares in the last quarter. Trademark Financial Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth $2,917,000. Finally, Annex Advisory Services LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 23.4% in the 4th quarter. Annex Advisory Services LLC now owns 111,591 shares of the company’s stock worth $16,420,000 after buying an additional 21,130 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $178.16 on Wednesday. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The company has a market capitalization of $47.02 billion, a PE ratio of 23.03 and a beta of 1.03. The business has a 50-day moving average of $173.74 and a 200-day moving average of $168.68.

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.