Orgel Wealth Management LLC Sells 1,163,210 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Orgel Wealth Management LLC decreased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 34.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,195,000 shares of the company’s stock after selling 1,163,210 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 9.2% of Orgel Wealth Management LLC’s holdings, making the stock its 3rd largest position. Orgel Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $487,817,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Kellett Wealth Advisors LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 2.9% during the 3rd quarter. Kellett Wealth Advisors LLC now owns 5,263 shares of the company’s stock worth $1,170,000 after acquiring an additional 150 shares during the last quarter. ASL Financial LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 0.9% in the 3rd quarter. ASL Financial LLC now owns 7,556 shares of the company’s stock worth $1,679,000 after acquiring an additional 64 shares in the last quarter. Howard Financial Services LTD. grew its position in iShares MSCI USA Quality Factor ETF by 0.3% in the 3rd quarter. Howard Financial Services LTD. now owns 486,269 shares of the company’s stock worth $108,069,000 after purchasing an additional 1,275 shares in the last quarter. Mather Group LLC. increased its stake in iShares MSCI USA Quality Factor ETF by 53.5% in the 3rd quarter. Mather Group LLC. now owns 7,602 shares of the company’s stock valued at $1,689,000 after buying an additional 2,648 shares during the last quarter. Finally, West Wealth Group LLC increased its stake in iShares MSCI USA Quality Factor ETF by 2.2% in the 3rd quarter. West Wealth Group LLC now owns 43,965 shares of the company’s stock valued at $9,771,000 after buying an additional 954 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.5%

iShares MSCI USA Quality Factor ETF stock opened at $225.93 on Thursday. iShares MSCI USA Quality Factor ETF has a 52 week low of $185.88 and a 52 week high of $228.13. The company’s 50 day moving average price is $223.36 and its two-hundred day moving average price is $215.75. The stock has a market cap of $65.51 billion, a P/E ratio of 25.59 and a beta of 1.05.

Shares of iShares MSCI USA Quality Factor ETF are scheduled to split before the market opens on Thursday, November 5th. The 4-1 split was recently announced. The newly created shares will be distributed to shareholders after the closing bell on Wednesday, November 4th.

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.