Wealthcare Advisory Partners LLC Lowers Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Wealthcare Advisory Partners LLC trimmed its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 57,838 shares of the company’s stock after selling 1,946 shares during the period. Wealthcare Advisory Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,300,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. FMR LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.9% in the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after purchasing an additional 1,160,410 shares in the last quarter. LPL Financial LLC increased its position in iShares MSCI USA Quality Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after buying an additional 950,857 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 21.9% in the second quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after acquiring an additional 863,219 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter valued at $108,645,000. Finally, Orgel Wealth Management LLC increased its position in iShares MSCI USA Quality Factor ETF by 71.6% during the 3rd quarter. Orgel Wealth Management LLC now owns 1,236,792 shares of the company’s stock worth $221,757,000 after purchasing an additional 515,998 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 1.6 %

BATS:QUAL opened at $179.50 on Friday. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The firm has a market cap of $47.37 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The company’s 50-day moving average is $181.86 and its two-hundred day moving average is $177.67.

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.