Premier Path Wealth Partners LLC Sells 6,258 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Premier Path Wealth Partners LLC trimmed its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,598 shares of the company’s stock after selling 6,258 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 1.2% of Premier Path Wealth Partners LLC’s portfolio, making the stock its 17th largest position. Premier Path Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,938,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Advocate Investing Services LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $25,000. Resources Management Corp CT ADV purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $27,000. Financial Life Planners bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth approximately $28,000. Ares Financial Consulting LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $30,000. Finally, Cornerstone Financial Management LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $30,000.

iShares MSCI USA Quality Factor ETF Stock Up 1.0%

Shares of BATS QUAL opened at $219.43 on Wednesday. The firm’s fifty day moving average is $212.54 and its 200 day moving average is $204.49. iShares MSCI USA Quality Factor ETF has a 52 week low of $181.55 and a 52 week high of $220.24. The company has a market cap of $63.62 billion, a price-to-earnings 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.