iShares MSCI USA Quality Factor ETF $QUAL Stock: Obermeyer Wealth Partners Reduces Position

Obermeyer Wealth Partners lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.8% in the third quarter, Holdings Channel reports. The fund owned 317,743 shares of the company’s stock after selling 38,640 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 2.8% of Obermeyer Wealth Partners’ holdings, making the stock its 13th biggest holding. Obermeyer Wealth Partners’ holdings in iShares MSCI USA Quality Factor ETF were worth $70,615,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Bank of America Corp DE raised its stake in shares of iShares MSCI USA Quality Factor ETF by 36.9% during the first quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock valued at $1,676,734,000 after purchasing an additional 2,357,971 shares during the period. AdvisorShares Investments LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the first quarter valued at about $70,161,000. Facet Wealth Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 11.3% during the second quarter. Facet Wealth Inc. now owns 3,300,180 shares of the company’s stock worth $724,159,000 after acquiring an additional 334,234 shares during the last quarter. Unison Advisors LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 61.6% during the first quarter. Unison Advisors LLC now owns 603,217 shares of the company’s stock worth $115,703,000 after acquiring an additional 229,969 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 263.8% during the first quarter. Elevation Point Wealth Partners LLC now owns 176,633 shares of the company’s stock worth $33,880,000 after acquiring an additional 128,082 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.2%

Shares of BATS QUAL opened at $226.06 on Thursday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $185.88 and a fifty-two week high of $228.13. The business has a 50 day moving average price of $223.40 and a two-hundred day moving average price of $217.00. The firm has a market cap of $65.55 billion, a PE ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF’s stock is going to split before the market opens on Thursday, November 5th. The 4-1 split was recently announced. The newly minted shares will be distributed to shareholders after the closing bell on Wednesday, November 4th.

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.