Obermeyer Wealth Partners Sells 38,640 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Obermeyer Wealth Partners trimmed its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 317,743 shares of the company’s stock after selling 38,640 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 2.8% of Obermeyer Wealth Partners’ holdings, making the stock its 13th biggest holding. Obermeyer Wealth Partners owned 0.11% of iShares MSCI USA Quality Factor ETF worth $70,615,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of QUAL. Foster Victor Wealth Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $499,000. White Lighthouse Investment Management Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 3.7% during the third quarter. White Lighthouse Investment Management Inc. now owns 4,915 shares of the company’s stock valued at $1,092,000 after buying an additional 176 shares in the last quarter. Kings Path Partners LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter valued at approximately $33,000. Kraft Davis & Associates LLC lifted its position in iShares MSCI USA Quality Factor ETF by 3.0% during the third quarter. Kraft Davis & Associates LLC now owns 76,977 shares of the company’s stock valued at $17,373,000 after buying an additional 2,251 shares in the last quarter. Finally, Stillwater Wealth Management Group grew its stake in iShares MSCI USA Quality Factor ETF by 10.7% during the third quarter. Stillwater Wealth Management Group now owns 33,964 shares of the company’s stock worth $7,548,000 after buying an additional 3,279 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 0.2%

iShares MSCI USA Quality Factor ETF stock opened at $226.06 on Thursday. The firm has a fifty day moving average of $223.40 and a 200-day moving average of $217.00. iShares MSCI USA Quality Factor ETF has a 52-week low of $185.88 and a 52-week high of $228.13. The firm has a market capitalization of $65.55 billion, a P/E ratio of 25.59 and a beta of 1.05.

Shares of iShares MSCI USA Quality Factor ETF are going to split on Thursday, November 5th. The 4-1 split was recently announced. The newly created shares will be distributed to shareholders after the market closes on Wednesday, November 4th.

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.