Tanglewood Wealth Management Inc. Sells 15,377 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Tanglewood Wealth Management Inc. cut its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 125,570 shares of the company’s stock after selling 15,377 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 2.4% of Tanglewood Wealth Management Inc.’s holdings, making the stock its 16th biggest position. Tanglewood Wealth Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $21,459,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. BankPlus Trust Department bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $27,000. Rialto Wealth Management LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $32,000. CoreFirst Bank & Trust bought a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $32,000. Bellwether Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth $32,000. Finally, Mascagni Wealth Management Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth $36,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $180.45 on Friday. 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 of $169.87 and a 200-day moving average of $176.74. The company has a market capitalization of $52.09 billion, a price-to-earnings ratio of 25.81 and a beta of 1.05.

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.