Centurion Wealth Management LLC Lowers Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Centurion Wealth Management LLC cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 15.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,469 shares of the company’s stock after selling 5,809 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 1.4% of Centurion Wealth Management LLC’s holdings, making the stock its 16th biggest holding. Centurion Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,449,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of QUAL. Hantz Financial Services Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $25,000. Financial Life Planners bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $28,000. CoreFirst Bank & Trust purchased a new position in iShares MSCI USA Quality Factor ETF in the second quarter worth $33,000. First Horizon Corp bought a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at $36,000. Finally, Ransom Advisory Ltd bought a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $39,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $187.30 on Monday. The stock’s 50-day simple moving average is $200.49 and its two-hundred day simple moving average is $198.00. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $205.65. The company has a market capitalization of $54.31 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF 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.