Cyndeo Wealth Partners LLC Reduces Stake in iShares MSCI USA Quality Factor ETF $QUAL

Cyndeo Wealth Partners LLC reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 76.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,795 shares of the company’s stock after selling 12,001 shares during the period. Cyndeo Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $754,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of QUAL. Hantz Financial Services Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $25,000. Financial Life Planners bought a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at $28,000. CoreFirst Bank & Trust purchased a new stake in iShares MSCI USA Quality Factor ETF in the second quarter worth $33,000. First Horizon Corp purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth $36,000. Finally, Phillips Financial Management LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at $39,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $193.95 on Tuesday. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $205.65. The business’s fifty day moving average price is $201.45 and its 200-day moving average price is $197.96. The stock has a market capitalization of $56.24 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.