Granite Bay Wealth Management LLC Has $493,000 Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Granite Bay Wealth Management LLC trimmed its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,771 shares of the company’s stock after selling 162 shares during the period. Granite Bay Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $493,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of QUAL. Signaturefd LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 46.3% in the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock valued at $129,000 after buying an additional 227 shares during the last quarter. Annandale Capital LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.4% in the second quarter. Annandale Capital LLC now owns 26,500 shares of the company’s stock worth $4,525,000 after acquiring an additional 363 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in iShares MSCI USA Quality Factor ETF by 1.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 2,369,906 shares of the company’s stock valued at $404,685,000 after acquiring an additional 22,546 shares during the last quarter. AlTi Global Inc. increased its position in iShares MSCI USA Quality Factor ETF by 3.2% during the 2nd quarter. AlTi Global Inc. now owns 30,297 shares of the company’s stock valued at $5,174,000 after purchasing an additional 947 shares during the period. Finally, CreativeOne Wealth LLC increased its position in iShares MSCI USA Quality Factor ETF by 43.4% during the 3rd quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock valued at $45,294,000 after purchasing an additional 76,472 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $176.65 on Tuesday. The company’s 50 day moving average price is $182.10 and its 200-day moving average price is $177.62. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The company has a market capitalization of $46.62 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.