Baron Wealth Management LLC Trims Stake in iShares MSCI USA Quality Factor ETF $QUAL

Baron Wealth Management LLC decreased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 284,039 shares of the company’s stock after selling 4,346 shares during the period. iShares MSCI USA Quality Factor ETF makes up 18.3% of Baron Wealth Management LLC’s holdings, making the stock its largest position. Baron Wealth Management LLC owned 0.10% of iShares MSCI USA Quality Factor ETF worth $55,246,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Keener Financial Planning LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the second quarter valued at about $29,000. CoreFirst Bank & Trust acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth about $33,000. CX Institutional increased its stake in shares of iShares MSCI USA Quality Factor ETF by 151.9% in the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after acquiring an additional 123 shares during the last quarter. Legacy Wealth Managment LLC ID acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter valued at approximately $37,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at approximately $40,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $200.45 on Tuesday. The stock has a market cap of $58.12 billion, a P/E ratio of 25.59 and a beta of 1.05. The firm has a 50 day moving average price of $196.96 and a 200 day moving average price of $190.85. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26.

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.