iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Twin Peaks Wealth Advisors LLC

Twin Peaks Wealth Advisors LLC cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 39.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 24,217 shares of the company’s stock after selling 15,466 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 1.5% of Twin Peaks Wealth Advisors LLC’s portfolio, making the stock its 21st biggest position. Twin Peaks Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,941,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $25,000. Financial Life Planners purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth approximately $28,000. Ares Financial Consulting LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $30,000. Decker Retirement Planning Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $32,000. Finally, Fortitude Family Office LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter worth $39,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $215.97 on Tuesday. The stock has a fifty day moving average price of $204.36 and a two-hundred day moving average price of $201.61. The stock has a market capitalization of $62.62 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 $175.20 and a 1 year high of $216.44.

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.