SteelPeak Wealth LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 38.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 104,802 shares of the company’s stock after selling 64,502 shares during the quarter. SteelPeak Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $20,816,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth about $25,000. Financial Life Planners acquired a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $28,000. CoreFirst Bank & Trust purchased a new stake in iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at about $33,000. First Horizon Corp purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $36,000. Finally, Phillips Financial Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $39,000.
iShares MSCI USA Quality Factor ETF Stock Performance
iShares MSCI USA Quality Factor ETF stock opened at $193.16 on Friday. The company has a 50-day moving average price of $199.44 and a 200 day moving average price of $197.92. The stock has a market cap of $56.01 billion, a P/E ratio of 25.59 and a beta of 1.05. 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 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.
Further Reading
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