Twin Peaks Wealth Advisors LLC Reduces Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Twin Peaks Wealth Advisors LLC lessened its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 39.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,217 shares of the company’s stock after selling 15,466 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 1.5% of Twin Peaks Wealth Advisors LLC’s holdings, making the stock its 21st largest holding. Twin Peaks Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,941,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $25,000. Financial Life Planners acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $28,000. Ares Financial Consulting LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $30,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $32,000. Finally, Fortitude Family Office LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $39,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $215.97 on Tuesday. The firm has a market capitalization of $62.62 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $175.20 and a 1-year high of $216.44. The business’s 50-day simple moving average is $204.36 and its 200-day simple moving average is $201.61.

About iShares MSCI USA Quality Factor ETF

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.