Life Line Wealth Management LLC Lowers Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Life Line Wealth Management LLC decreased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 239,991 shares of the company’s stock after selling 4,657 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 14.1% of Life Line Wealth Management LLC’s holdings, making the stock its 3rd largest holding. Life Line Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $47,667,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Avantra Family Wealth Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $1,493,000. Dynasty Wealth Management LLC raised its position in iShares MSCI USA Quality Factor ETF by 18.3% in the third quarter. Dynasty Wealth Management LLC now owns 582,095 shares of the company’s stock worth $113,218,000 after purchasing an additional 90,195 shares in the last quarter. Cabot Wealth Management Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 8.7% during the third quarter. Cabot Wealth Management Inc. now owns 42,044 shares of the company’s stock worth $8,177,000 after purchasing an additional 3,369 shares during the period. Insight Inv LLC bought a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth about $1,016,000. Finally, Cassilly Financial Group LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $1,348,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.1%

QUAL stock opened at $210.57 on Tuesday. iShares MSCI USA Quality Factor ETF has a 1-year low of $173.00 and a 1-year high of $211.23. The business’s 50 day moving average is $200.21 and its 200-day moving average is $199.81. The firm has a market cap of $61.05 billion, a P/E ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.