C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Reduces Holdings in iShares MSCI USA Quality Factor ETF $QUAL

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lowered its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 40.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 133,663 shares of the company’s stock after selling 89,190 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 1.6% of C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings, making the stock its 14th biggest holding. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in iShares MSCI USA Quality Factor ETF were worth $26,548,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $25,000. Financial Life Planners acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth about $28,000. CoreFirst Bank & Trust purchased a new position in iShares MSCI USA Quality Factor ETF in the second quarter valued at about $33,000. First Horizon Corp purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at about $36,000. Finally, Fortitude Family Office LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $39,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $193.16 on Friday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $205.65. The business has a 50 day moving average price of $199.44 and a two-hundred day moving average price of $197.92. The firm has a market cap of $56.01 billion, a PE 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.