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

Centurion Wealth Management LLC reduced its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 15.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,469 shares of the company’s stock after selling 5,809 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 1.4% of Centurion Wealth Management LLC’s portfolio, making the stock its 16th biggest holding. Centurion Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,449,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in QUAL. Brighton Jones LLC raised its position in iShares MSCI USA Quality Factor ETF by 25.3% in the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after purchasing an additional 2,023 shares during the period. Heck Capital Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth $81,990,000. Bison Wealth LLC boosted its position in iShares MSCI USA Quality Factor ETF by 21.6% during the fourth quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock valued at $3,395,000 after buying an additional 3,383 shares during the period. AQR Capital Management LLC boosted its position in iShares MSCI USA Quality Factor ETF by 45.5% during the first quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after buying an additional 6,152 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 88.9% during the first quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock valued at $22,591,000 after buying an additional 62,219 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $187.30 on Monday. The company has a market cap of $54.31 billion, a P/E ratio of 25.59 and a beta of 1.05. The business’s 50-day moving average price is $200.49 and its 200-day moving average price is $198.00. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $205.65.

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.