Sage Mountain Advisors LLC Has $113.31 Million Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Sage Mountain Advisors LLC lifted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 582,574 shares of the company’s stock after buying an additional 6,496 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 6.5% of Sage Mountain Advisors LLC’s investment portfolio, making the stock its 4th largest position. Sage Mountain Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $113,311,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Keener Financial Planning LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 2nd quarter worth $29,000. CoreFirst Bank & Trust bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth about $33,000. First Horizon Corp purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth about $36,000. CX Institutional lifted its position in shares of iShares MSCI USA Quality Factor ETF by 151.9% in the second quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after buying an additional 123 shares in the last quarter. Finally, Phillips Financial Management LLC bought a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $39,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $200.59 on Tuesday. The company has a market cap of $58.16 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The stock’s 50 day simple moving average is $198.72 and its two-hundred day simple moving average is $193.19.

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.