Silverlake Wealth Management LLC Lowers Stake in iShares MSCI USA Quality Factor ETF $QUAL

Silverlake Wealth Management LLC cut its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 18.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,226 shares of the company’s stock after selling 3,470 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 0.8% of Silverlake Wealth Management LLC’s investment portfolio, making the stock its 20th largest position. Silverlake Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,784,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in QUAL. Galvin Gaustad & Stein LLC grew its stake in iShares MSCI USA Quality Factor ETF by 2.6% in the second quarter. Galvin Gaustad & Stein LLC now owns 2,095 shares of the company’s stock worth $383,000 after purchasing an additional 54 shares in the last quarter. Cape Investment Advisory Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.3% in the second quarter. Cape Investment Advisory Inc. now owns 2,517 shares of the company’s stock valued at $460,000 after acquiring an additional 57 shares in the last quarter. Global Financial Private Client LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.6% in the second quarter. Global Financial Private Client LLC now owns 10,696 shares of the company’s stock valued at $1,955,000 after acquiring an additional 60 shares in the last quarter. L. Roy Papp & Associates LLP lifted its stake in iShares MSCI USA Quality Factor ETF by 2.5% in the second quarter. L. Roy Papp & Associates LLP now owns 2,461 shares of the company’s stock worth $450,000 after acquiring an additional 60 shares during the period. Finally, Benningfield Financial Advisors LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 0.8% during the 2nd quarter. Benningfield Financial Advisors LLC now owns 7,820 shares of the company’s stock worth $1,430,000 after acquiring an additional 65 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL opened at $199.47 on Friday. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $187.26. The company has a market capitalization of $57.84 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company’s 50-day simple moving average is $195.81 and its two-hundred day simple moving average is $189.19.

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.