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

Centurion Wealth Management LLC cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 18.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 38,278 shares of the company’s stock after selling 8,688 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 1.7% of Centurion Wealth Management LLC’s investment portfolio, making the stock its 10th biggest holding. Centurion Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,445,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Galvin Gaustad & Stein LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 2.6% in the second quarter. Galvin Gaustad & Stein LLC now owns 2,095 shares of the company’s stock valued at $383,000 after buying an additional 54 shares in the last quarter. Cape Investment Advisory Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 2.3% in the second quarter. Cape Investment Advisory Inc. now owns 2,517 shares of the company’s stock valued at $460,000 after acquiring an additional 57 shares during the last quarter. GFG Capital LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 4.3% in the 3rd quarter. GFG Capital LLC now owns 1,442 shares of the company’s stock valued at $280,000 after acquiring an additional 59 shares during the period. Global Financial Private Client LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 0.6% during the 2nd quarter. Global Financial Private Client LLC now owns 10,696 shares of the company’s stock worth $1,955,000 after purchasing an additional 60 shares during the last quarter. Finally, L. Roy Papp & Associates LLP raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.5% in the 2nd quarter. L. Roy Papp & Associates LLP now owns 2,461 shares of the company’s stock valued at $450,000 after purchasing an additional 60 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $198.82 on Friday. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26. The company has a market capitalization of $57.65 billion, a P/E ratio of 25.59 and a beta of 1.05. The company has a 50-day simple moving average of $196.11 and a 200 day simple moving average of $189.84.

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.