MB Generational Wealth LLC Cuts Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

MB Generational Wealth LLC decreased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.6% during the 1st quarter, HoldingsChannel reports. The fund owned 88,054 shares of the company’s stock after selling 2,349 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 11.2% of MB Generational Wealth LLC’s portfolio, making the stock its 3rd biggest holding. MB Generational Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $15,048,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of QUAL. Howe & Rusling Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 7.6% during the 4th quarter. Howe & Rusling Inc. now owns 776 shares of the company’s stock worth $138,000 after buying an additional 55 shares in the last quarter. Acorn Wealth Advisors LLC lifted its position in iShares MSCI USA Quality Factor ETF by 0.4% during the 1st quarter. Acorn Wealth Advisors LLC now owns 14,431 shares of the company’s stock worth $2,466,000 after buying an additional 62 shares in the last quarter. Tucker Asset Management LLC lifted its position in iShares MSCI USA Quality Factor ETF by 11.5% during the 4th quarter. Tucker Asset Management LLC now owns 629 shares of the company’s stock worth $112,000 after buying an additional 65 shares in the last quarter. Florida Financial Advisors LLC lifted its position in iShares MSCI USA Quality Factor ETF by 2.9% during the 4th quarter. Florida Financial Advisors LLC now owns 2,315 shares of the company’s stock worth $412,000 after buying an additional 66 shares in the last quarter. Finally, Citizens National Bank Trust Department lifted its position in iShares MSCI USA Quality Factor ETF by 2.6% during the 1st quarter. Citizens National Bank Trust Department now owns 2,606 shares of the company’s stock worth $445,000 after buying an additional 66 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 3.5%

Shares of BATS:QUAL opened at $182.85 on Wednesday. The stock has a market capitalization of $53.02 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26. The business has a 50-day moving average price of $179.10 and a two-hundred day moving average price of $176.29.

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.