Icon Wealth Advisors LLC Has $28.35 Million Stake in iShares MSCI USA Quality Factor ETF $QUAL

Icon Wealth Advisors LLC decreased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 37.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 142,742 shares of the company’s stock after selling 84,520 shares during the period. iShares MSCI USA Quality Factor ETF comprises 1.9% of Icon Wealth Advisors LLC’s portfolio, making the stock its 13th largest holding. Icon Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $28,352,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Advocate Investing Services LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $25,000. Hantz Financial Services Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $25,000. Financial Life Planners bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $28,000. Ares Financial Consulting LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $30,000. Finally, Cornerstone Financial Management LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $30,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $216.91 on Friday. The stock has a market cap of $62.89 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The business has a 50 day simple moving average of $208.62 and a 200 day simple moving average of $202.94. iShares MSCI USA Quality Factor ETF has a 52 week low of $175.20 and a 52 week high of $217.65.

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.