Summit Wealth Partners LLC Has $25.34 Million Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Summit Wealth Partners LLC lowered its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 148,404 shares of the company’s stock after selling 5,434 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 5.3% of Summit Wealth Partners LLC’s portfolio, making the stock its largest position. Summit Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $25,342,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in QUAL. Carnegie Investment Counsel grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.5% during the second quarter. Carnegie Investment Counsel now owns 11,675 shares of the company’s stock valued at $1,994,000 after purchasing an additional 61 shares during the last quarter. Bristlecone Advisors LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 0.4% in the second quarter. Bristlecone Advisors LLC now owns 17,056 shares of the company’s stock valued at $2,912,000 after buying an additional 63 shares during the last quarter. Integrated Advisors Network LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.9% during the fourth quarter. Integrated Advisors Network LLC now owns 7,545 shares of the company’s stock valued at $1,110,000 after acquiring an additional 66 shares during the period. NBC Securities Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 27.2% during the first quarter. NBC Securities Inc. now owns 309 shares of the company’s stock worth $51,000 after acquiring an additional 66 shares during the last quarter. Finally, Elevate Wealth Advisory Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.6% in the 1st quarter. Elevate Wealth Advisory Inc. now owns 1,981 shares of the company’s stock worth $326,000 after acquiring an additional 68 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Down 0.6 %

iShares MSCI USA Quality Factor ETF stock opened at $178.16 on Wednesday. The firm has a 50-day moving average price of $173.74 and a two-hundred day moving average price of $168.68. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The firm has a market capitalization of $47.02 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

iShares MSCI USA Quality Factor ETF Company 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.