Ridgeline Wealth Planning LLC trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 41.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,409 shares of the company’s stock after selling 3,770 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 0.8% of Ridgeline Wealth Planning LLC’s investment portfolio, making the stock its 17th biggest position. Ridgeline Wealth Planning LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,074,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Hantz Financial Services Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $25,000. Financial Life Planners purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $28,000. Ares Financial Consulting LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $30,000. Decker Retirement Planning Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $32,000. Finally, First Horizon Corp purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $36,000.
iShares MSCI USA Quality Factor ETF Trading Up 0.5%
Shares of BATS:QUAL opened at $210.43 on Friday. iShares MSCI USA Quality Factor ETF has a 52 week low of $170.64 and a 52 week high of $211.02. The company’s 50 day moving average is $199.99 and its two-hundred day moving average is $199.61. The company has a market cap of $61.01 billion, a PE ratio of 25.59 and a beta of 1.05.
About iShares MSCI USA Quality Factor ETF
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.
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