iShares MSCI USA Quality Factor ETF (BATS:QUAL) is Spectrum Wealth Counsel LLC’s 9th Largest Position

Spectrum Wealth Counsel LLC trimmed its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 111,323 shares of the company’s stock after selling 5,083 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises about 2.3% of Spectrum Wealth Counsel LLC’s portfolio, making the stock its 9th largest position. Spectrum Wealth Counsel LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $19,824,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of QUAL. Financial Life Planners purchased a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $25,000. OLD Second National Bank of Aurora purchased a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $27,000. BankPlus Trust Department purchased a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $27,000. Centennial Bank AR purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at $29,000. Finally, MGB Wealth Management LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $39,000.

iShares MSCI USA Quality Factor ETF Stock Up 2.8 %

Shares of BATS QUAL opened at $181.62 on Friday. The business has a 50 day moving average price of $181.80 and a two-hundred day moving average price of $180.43. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The firm has a market cap of $50.44 billion, a PE ratio of 28.36 and a beta of 1.04.

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.