WJ Wealth Management LLC Sells 73,193 Shares of iShares MSCI USA Quality Factor ETF $QUAL

WJ Wealth Management LLC trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 79.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,036 shares of the company’s stock after selling 73,193 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 1.6% of WJ Wealth Management LLC’s holdings, making the stock its 20th largest holding. WJ Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,737,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Hantz Financial Services Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at about $25,000. Financial Life Planners bought a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $28,000. CoreFirst Bank & Trust bought a new position in iShares MSCI USA Quality Factor ETF during the 2nd quarter worth about $33,000. First Horizon Corp purchased a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $36,000. Finally, Phillips Financial Management LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $39,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $196.88 on Wednesday. The company has a 50 day moving average price of $202.22 and a 200-day moving average price of $197.83. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $205.65. The stock has a market capitalization of $57.09 billion, a PE 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.