Elevation Point Wealth Partners LLC Reduces Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Elevation Point Wealth Partners LLC lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 40.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 21,210 shares of the company’s stock after selling 14,113 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,125,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Hantz Financial Services Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $25,000. Financial Life Planners purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $28,000. CoreFirst Bank & Trust purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter worth approximately $33,000. First Horizon Corp acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $36,000. Finally, Phillips Financial Management LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at about $39,000.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $195.15 on Friday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $205.65. The business’s 50-day simple moving average is $202.43 and its two-hundred day simple moving average is $197.66. The company has a market cap of $56.58 billion, a PE ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.