Retirement Wealth Solutions LLC Has $2.62 Million Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Retirement Wealth Solutions LLC trimmed its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 34.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,164 shares of the company’s stock after selling 6,838 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 1.7% of Retirement Wealth Solutions LLC’s portfolio, making the stock its 16th largest position. Retirement Wealth Solutions LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,615,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Aventura Private Wealth LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $220,000. Capital Advantage Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 4.5% in the 4th quarter. Capital Advantage Inc. now owns 36,446 shares of the company’s stock valued at $7,239,000 after buying an additional 1,575 shares in the last quarter. TruWealth Advisors LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.7% during the 4th quarter. TruWealth Advisors LLC now owns 33,510 shares of the company’s stock worth $6,656,000 after acquiring an additional 2,099 shares during the period. Ransom Advisory Ltd bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $39,000. Finally, Lpwm LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 8.6% during the 4th quarter. Lpwm LLC now owns 6,817 shares of the company’s stock worth $1,354,000 after acquiring an additional 540 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS:QUAL opened at $191.89 on Friday. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $205.65. The stock has a market capitalization of $55.64 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company’s 50 day simple moving average is $201.66 and its 200 day simple moving average is $197.80.

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