Tanglewood Wealth Management Inc. Sells 354 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Tanglewood Wealth Management Inc. trimmed its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.3% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 125,216 shares of the company’s stock after selling 354 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises about 2.3% of Tanglewood Wealth Management Inc.’s portfolio, making the stock its 14th biggest holding. Tanglewood Wealth Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $22,892,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of QUAL. Brighton Jones LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 25.3% during the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock valued at $1,786,000 after acquiring an additional 2,023 shares during the period. Heck Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth $81,990,000. Bison Wealth LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 21.6% during the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after buying an additional 3,383 shares during the last quarter. NBC Securities Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 130,450.0% during the 1st quarter. NBC Securities Inc. now owns 2,611 shares of the company’s stock worth $446,000 after buying an additional 2,609 shares during the last quarter. Finally, Foster Group Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 2.5% during the 1st quarter. Foster Group Inc. now owns 674,001 shares of the company’s stock worth $115,180,000 after buying an additional 16,730 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 11.2%

Shares of QUAL stock opened at $196.47 on Friday. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The company has a market cap of $56.97 billion, a P/E ratio of 25.59 and a beta of 1.05. The business has a fifty day simple moving average of $189.31 and a 200 day simple moving average of $179.59.

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.