iShares MSCI USA Quality Factor ETF (BATS:QUAL) Stake Lowered by Sage Mountain Advisors LLC

Sage Mountain Advisors LLC lowered its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 588,141 shares of the company’s stock after selling 3,106 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 7.7% of Sage Mountain Advisors LLC’s portfolio, making the stock its 4th biggest position. Sage Mountain Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $104,736,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in QUAL. Financial Life Planners purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $25,000. OLD Second National Bank of Aurora purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at about $27,000. BankPlus Trust Department purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $27,000. Rialto Wealth Management LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $32,000. Finally, MGB Wealth Management LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at about $39,000.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $172.77 on Tuesday. The business’s 50-day moving average is $181.28 and its two-hundred day moving average is $180.62. iShares MSCI USA Quality Factor ETF has a 1 year low of $154.17 and a 1 year high of $187.26. The firm has a market capitalization of $47.98 billion, a PE ratio of 28.36 and a beta of 1.04.

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.