BCGM Wealth Management LLC Sells 34,587 Shares of iShares MSCI USA Quality Factor ETF $QUAL

BCGM Wealth Management LLC reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 39.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 54,070 shares of the company’s stock after selling 34,587 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 2.7% of BCGM Wealth Management LLC’s holdings, making the stock its 8th largest position. BCGM Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,739,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of QUAL. Capital Advantage Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 4.5% during the fourth quarter. Capital Advantage Inc. now owns 36,446 shares of the company’s stock valued at $7,239,000 after purchasing an additional 1,575 shares in the last quarter. TruWealth Advisors LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 6.7% in the 4th quarter. TruWealth Advisors LLC now owns 33,510 shares of the company’s stock worth $6,656,000 after purchasing an additional 2,099 shares in the last quarter. Ransom Advisory Ltd acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth $39,000. Lpwm LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 8.6% during the 4th quarter. Lpwm LLC now owns 6,817 shares of the company’s stock valued at $1,354,000 after acquiring an additional 540 shares during the last quarter. Finally, Avior Wealth Management LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 8.1% in the 4th quarter. Avior Wealth Management LLC now owns 2,593 shares of the company’s stock valued at $515,000 after purchasing an additional 194 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 1.2%

BATS QUAL opened at $191.89 on Friday. The stock has a fifty day simple moving average of $201.66 and a 200-day simple moving average of $197.80. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $205.65. The stock has a market cap of $55.64 billion, a PE ratio of 25.59 and a beta of 1.05.

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.