iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Beacon Bridge Wealth Partners LLC

Beacon Bridge Wealth Partners LLC reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 61.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,559 shares of the company’s stock after selling 55,369 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 2.3% of Beacon Bridge Wealth Partners LLC’s investment portfolio, making the stock its 14th biggest holding. Beacon Bridge Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,864,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in QUAL. Hantz Financial Services Inc. acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at $25,000. Financial Life Planners acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at $28,000. Decker Retirement Planning Inc. acquired a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $32,000. First Horizon Corp acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at $36,000. Finally, Phillips Financial Management LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at $39,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $206.92 on Monday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $156.13 and a fifty-two week high of $207.44. The company has a fifty day moving average of $198.98 and a two-hundred day moving average of $198.54. The stock has a market capitalization of $60.00 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.