iShares MSCI USA Quality Factor ETF $QUAL is Flagship Private Wealth LLC’s 6th Largest Position

Flagship Private Wealth LLC lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 18.6% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 51,331 shares of the company’s stock after selling 11,759 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 4.0% of Flagship Private Wealth LLC’s investment portfolio, making the stock its 6th largest holding. Flagship Private Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,984,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Keener Financial Planning LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $29,000. CoreFirst Bank & Trust acquired a new stake in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $33,000. First Horizon Corp acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $36,000. CX Institutional raised its position in iShares MSCI USA Quality Factor ETF by 151.9% in the second quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after purchasing an additional 123 shares during the period. Finally, Phillips Financial Management LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $39,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $203.74 on Tuesday. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26. The business has a 50-day moving average of $199.44 and a 200-day moving average of $193.81. The company has a market capitalization of $59.08 billion, a price-to-earnings 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.