Twin Peaks Wealth Advisors LLC Has $7.72 Million Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Twin Peaks Wealth Advisors LLC reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,683 shares of the company’s stock after selling 4,398 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 2.6% of Twin Peaks Wealth Advisors LLC’s holdings, making the stock its 9th largest position. Twin Peaks Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,718,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in QUAL. Triad Wealth Partners LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 14.6% in the third quarter. Triad Wealth Partners LLC now owns 117,127 shares of the company’s stock worth $22,781,000 after acquiring an additional 14,879 shares in the last quarter. Avidian Wealth Enterprises LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 2.4% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 37,625 shares of the company’s stock worth $7,318,000 after purchasing an additional 899 shares during the last quarter. Forvis Mazars Wealth Advisors LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 7.3% in the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 2,460 shares of the company’s stock worth $478,000 after purchasing an additional 167 shares in the last quarter. Keeler & Nadler Financial Planning & Wealth Management increased its stake in iShares MSCI USA Quality Factor ETF by 5.5% during the 3rd quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 125,676 shares of the company’s stock valued at $24,444,000 after purchasing an additional 6,528 shares in the last quarter. Finally, Sage Mountain Advisors LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 1.1% in the third quarter. Sage Mountain Advisors LLC now owns 582,574 shares of the company’s stock worth $113,311,000 after buying an additional 6,496 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 14.3%

Shares of QUAL opened at $201.94 on Thursday. 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 capitalization of $58.55 billion, a P/E ratio of 25.59 and a beta of 1.05. The firm has a 50 day moving average of $198.89 and a 200 day moving average of $193.35.

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.