Integrated Wealth Concepts LLC Lowers Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Integrated Wealth Concepts LLC lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 715,455 shares of the company’s stock after selling 69,595 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 0.9% of Integrated Wealth Concepts LLC’s investment portfolio, making the stock its 12th biggest position. Integrated Wealth Concepts LLC owned 0.25% of iShares MSCI USA Quality Factor ETF worth $156,992,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GFG Capital LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 8.1% during the 2nd quarter. GFG Capital LLC now owns 1,567 shares of the company’s stock valued at $344,000 after acquiring an additional 118 shares during the last quarter. Squarepoint Ops LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $1,022,000. Performa Ltd US LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 1.6% in the 2nd quarter. Performa Ltd US LLC now owns 39,117 shares of the company’s stock valued at $8,584,000 after acquiring an additional 618 shares during the period. Parkside Financial Bank & Trust lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 52.9% during the 2nd quarter. Parkside Financial Bank & Trust now owns 286 shares of the company’s stock valued at $63,000 after acquiring an additional 99 shares in the last quarter. Finally, Range Advisory LLC boosted its position in iShares MSCI USA Quality Factor ETF by 26.5% during the 2nd quarter. Range Advisory LLC now owns 7,980 shares of the company’s stock worth $1,751,000 after purchasing an additional 1,673 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Down 0.8%

Shares of BATS QUAL opened at $220.79 on Wednesday. The stock has a fifty day moving average price of $221.26 and a 200 day moving average price of $211.39. iShares MSCI USA Quality Factor ETF has a 12-month low of $185.88 and a 12-month high of $227.32. The company has a market cap of $64.02 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.