5T Wealth LLC Reduces Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

5T Wealth LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,037 shares of the company’s stock after selling 5,362 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 4.7% of 5T Wealth LLC’s holdings, making the stock its 3rd largest position. 5T Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $11,725,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Hantz Financial Services Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $25,000. Financial Life Planners purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $28,000. Decker Retirement Planning Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $32,000. First Horizon Corp purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $36,000. Finally, Fortitude Family Office LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $39,000.

iShares MSCI USA Quality Factor ETF Trading Up 1.3%

Shares of QUAL opened at $206.92 on Friday. The company has a market capitalization of $60.00 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock has a 50 day moving average of $198.98 and a 200 day moving average of $198.52. iShares MSCI USA Quality Factor ETF has a 12 month low of $156.13 and a 12 month high of $207.44.

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.