iShares MSCI USA Quality Factor ETF $QUAL Position Decreased by Certus Wealth Management LLC

Certus Wealth Management LLC reduced its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,619 shares of the company’s stock after selling 3,783 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 4.6% of Certus Wealth Management LLC’s portfolio, making the stock its 8th largest position. Certus Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,706,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in QUAL. Hantz Financial Services Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $25,000. CoreFirst Bank & Trust purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $33,000. First Horizon Corp acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth $36,000. Phillips Financial Management LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the third quarter worth $39,000. Finally, Legacy Investment Solutions LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the second quarter valued at $40,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $203.49 on Thursday. The company’s fifty day moving average is $201.64 and its two-hundred day moving average is $195.89. The firm has a market capitalization of $59.00 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $205.48.

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.