Austin Private Wealth LLC Cuts Position in iShares MSCI USA Quality Factor ETF $QUAL

Austin Private Wealth LLC lowered its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 45.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 176,184 shares of the company’s stock after selling 144,680 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 2.6% of Austin Private Wealth LLC’s holdings, making the stock its 11th largest holding. Austin Private Wealth LLC owned approximately 0.06% of iShares MSCI USA Quality Factor ETF worth $34,994,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Cerity Partners LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 39.6% in the second quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock valued at $686,910,000 after buying an additional 1,065,946 shares during the period. MML Investors Services LLC grew its stake in iShares MSCI USA Quality Factor ETF by 1.3% during the second quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after buying an additional 44,285 shares during the period. Orgel Wealth Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 1.5% in the fourth quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock worth $605,901,000 after acquiring an additional 44,952 shares in the last quarter. Blue Trust Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the 3rd quarter. Blue Trust Inc. now owns 2,737,919 shares of the company’s stock valued at $532,525,000 after acquiring an additional 76,969 shares during the period. Finally, Facet Wealth Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 5.0% in the 3rd quarter. Facet Wealth Inc. now owns 2,628,686 shares of the company’s stock valued at $511,279,000 after acquiring an additional 125,483 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $193.16 on Friday. The firm’s fifty day simple moving average is $199.44 and its 200 day simple moving average is $197.96. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $205.65. The firm has a market capitalization of $56.01 billion, a price-to-earnings 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.