ShoreHaven Wealth Partners LLC Reduces Stake in iShares MSCI USA Quality Factor ETF $QUAL

ShoreHaven Wealth Partners LLC cut its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 41.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,899 shares of the company’s stock after selling 26,500 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 2.7% of ShoreHaven Wealth Partners LLC’s investment portfolio, making the stock its 8th biggest holding. ShoreHaven Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,528,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. MML Investors Services LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 1.3% during the second quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock valued at $631,514,000 after purchasing an additional 44,285 shares in the last quarter. Orgel Wealth Management LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 1.5% during the fourth quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock valued at $605,901,000 after purchasing an additional 44,952 shares in the last quarter. Facet Wealth Inc. boosted its position in shares of iShares MSCI USA Quality Factor ETF by 9.9% during the fourth quarter. Facet Wealth Inc. now owns 2,888,100 shares of the company’s stock valued at $589,952,000 after purchasing an additional 259,414 shares in the last quarter. Focus Partners Wealth boosted its position in shares of iShares MSCI USA Quality Factor ETF by 2.1% during the third quarter. Focus Partners Wealth now owns 2,146,075 shares of the company’s stock valued at $417,413,000 after purchasing an additional 43,309 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its position in shares of iShares MSCI USA Quality Factor ETF by 3.1% during the third quarter. Raymond James Financial Inc. now owns 2,040,575 shares of the company’s stock valued at $396,892,000 after purchasing an additional 62,154 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.1%

BATS QUAL opened at $215.63 on Thursday. iShares MSCI USA Quality Factor ETF has a twelve month low of $175.20 and a twelve month high of $216.44. The firm has a market capitalization of $62.52 billion, a PE ratio of 25.59 and a beta of 1.05. The stock’s 50 day moving average is $205.27 and its 200 day moving average is $201.89.

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