TRUE Private Wealth Advisors Sells 1,599 Shares of iShares MSCI USA Quality Factor ETF $QUAL

TRUE Private Wealth Advisors reduced its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 46.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,864 shares of the company’s stock after selling 1,599 shares during the period. TRUE Private Wealth Advisors’ holdings in iShares MSCI USA Quality Factor ETF were worth $341,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Walkner Condon Financial Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter valued at about $213,000. Coordinated Financial Services Inc. bought a new stake in iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at approximately $980,000. Flow Traders U.S. LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 412.9% during the 1st quarter. Flow Traders U.S. LLC now owns 64,002 shares of the company’s stock worth $10,937,000 after acquiring an additional 51,524 shares during the period. Wealthcare Advisory Partners LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 6.3% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 60,750 shares of the company’s stock worth $11,106,000 after acquiring an additional 3,611 shares in the last quarter. Finally, Etesian Wealth Advisors Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 9.9% in the 2nd quarter. Etesian Wealth Advisors Inc. now owns 4,648 shares of the company’s stock valued at $850,000 after purchasing an additional 417 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 8.6%

BATS QUAL opened at $191.76 on Thursday. The firm has a market capitalization of $55.60 billion, a PE ratio of 25.59 and a beta of 1.05. The stock’s 50 day moving average is $194.33 and its 200 day moving average is $186.57. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26.

iShares MSCI USA Quality Factor ETF 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.