Centurion Wealth Management LLC Reduces Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Centurion Wealth Management LLC lowered its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 18.1% in the second quarter, Holdings Channel.com reports. The institutional investor owned 26,069 shares of the company’s stock after selling 5,757 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 1.4% of Centurion Wealth Management LLC’s holdings, making the stock its 17th largest position. Centurion Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,720,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in QUAL. J.M. Arbour LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $1,681,000. Liberty Wealth Management LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 2.0% during the 4th quarter. Liberty Wealth Management LLC now owns 159,312 shares of the company’s stock worth $31,622,000 after purchasing an additional 3,188 shares during the period. Sound Financial Strategies Group LLC increased its stake in iShares MSCI USA Quality Factor ETF by 254.3% in the 4th quarter. Sound Financial Strategies Group LLC now owns 19,877 shares of the company’s stock valued at $3,948,000 after purchasing an additional 14,267 shares in the last quarter. Concurrent Investment Advisors LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 40.3% in the fourth quarter. Concurrent Investment Advisors LLC now owns 111,127 shares of the company’s stock valued at $22,072,000 after buying an additional 31,932 shares in the last quarter. Finally, Uptick Partners LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 32.5% during the 1st quarter. Uptick Partners LLC now owns 10,331 shares of the company’s stock valued at $1,982,000 after acquiring an additional 2,533 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $225.69 on Monday. The business has a 50 day moving average price of $217.61 and a 200 day moving average price of $208.12. The company has a market capitalization of $65.44 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $184.60 and a 1 year high of $227.16.

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.