Ridgeline Wealth Planning LLC Reduces Position in iShares MSCI USA Quality Factor ETF $QUAL

Ridgeline Wealth Planning LLC lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 41.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,409 shares of the company’s stock after selling 3,770 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 0.8% of Ridgeline Wealth Planning LLC’s investment portfolio, making the stock its 17th biggest position. Ridgeline Wealth Planning LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,074,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Hantz Financial Services Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $25,000. Financial Life Planners purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $28,000. Ares Financial Consulting LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $30,000. Decker Retirement Planning Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $32,000. Finally, First Horizon Corp purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $36,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.5%

Shares of BATS QUAL opened at $210.43 on Friday. iShares MSCI USA Quality Factor ETF has a 12-month low of $170.64 and a 12-month high of $211.02. The stock has a market cap of $61.01 billion, a PE ratio of 25.59 and a beta of 1.05. The company has a 50-day moving average of $199.99 and a 200 day moving average of $199.61.

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.