Silverlake Wealth Management LLC Sells 8,494 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Silverlake Wealth Management LLC trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 55.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,732 shares of the company’s stock after selling 8,494 shares during the quarter. Silverlake Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,309,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Gallagher Fiduciary Advisors LLC raised its stake in iShares MSCI USA Quality Factor ETF by 13,080.9% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 2,481,960 shares of the company’s stock worth $453,752,000 after purchasing an additional 2,463,130 shares in the last quarter. Soundwatch Capital LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 72,284.9% in the second quarter. Soundwatch Capital LLC now owns 2,437,924 shares of the company’s stock valued at $445,701,000 after buying an additional 2,434,556 shares during the period. Symphony Financial Ltd. Co. increased its stake in iShares MSCI USA Quality Factor ETF by 4,818.8% during the 2nd quarter. Symphony Financial Ltd. Co. now owns 1,716,464 shares of the company’s stock worth $313,849,000 after acquiring an additional 1,681,568 shares during the period. Charles Schwab Investment Management Inc. bought a new position in iShares MSCI USA Quality Factor ETF during the 2nd quarter worth $305,974,000. Finally, Orgel Wealth Management LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 56.8% in the 2nd quarter. Orgel Wealth Management LLC now owns 2,954,525 shares of the company’s stock valued at $540,146,000 after acquiring an additional 1,070,608 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $202.47 on Thursday. The company has a market cap of $58.71 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26. The stock has a fifty day moving average price of $198.17 and a 200-day moving average price of $192.71.

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.