Premier Path Wealth Partners LLC Has $9.28 Million Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Premier Path Wealth Partners LLC lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 9.2% during the second quarter, HoldingsChannel reports. The firm owned 42,309 shares of the company’s stock after selling 4,289 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 1.1% of Premier Path Wealth Partners LLC’s investment portfolio, making the stock its 18th largest position. Premier Path Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,284,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE raised its position in iShares MSCI USA Quality Factor ETF by 36.9% during the first quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock worth $1,676,734,000 after acquiring an additional 2,357,971 shares in the last quarter. MML Investors Services LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 1.3% during the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after purchasing an additional 44,285 shares during the last quarter. Orgel Wealth Management LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 2.0% during the 2nd quarter. Orgel Wealth Management LLC now owns 3,358,210 shares of the company’s stock worth $736,892,000 after purchasing an additional 65,534 shares during the last quarter. Facet Wealth Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 11.3% in the 2nd quarter. Facet Wealth Inc. now owns 3,300,180 shares of the company’s stock valued at $724,159,000 after purchasing an additional 334,234 shares during the period. Finally, Focus Partners Wealth raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 11.2% in the 4th quarter. Focus Partners Wealth now owns 2,386,956 shares of the company’s stock valued at $474,097,000 after purchasing an additional 240,881 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $223.46 on Friday. iShares MSCI USA Quality Factor ETF has a 52-week low of $185.88 and a 52-week high of $227.32. The company has a market capitalization of $64.79 billion, a P/E ratio of 25.59 and a beta of 1.05. The company has a 50-day simple moving average of $220.94 and a 200 day simple moving average of $210.98.

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.