iShares MSCI USA Quality Factor ETF (BATS:QUAL) Stake Increased by Centurion Wealth Management LLC

Centurion Wealth Management LLC increased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 38,479 shares of the company’s stock after buying an additional 563 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 2.1% of Centurion Wealth Management LLC’s investment portfolio, making the stock its 12th largest position. Centurion Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,852,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in QUAL. Principal Financial Group Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 37.2% during the third quarter. Principal Financial Group Inc. now owns 9,892 shares of the company’s stock valued at $1,774,000 after purchasing an additional 2,682 shares during the last quarter. Oppenheimer & Co. Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 3.5% during the third quarter. Oppenheimer & Co. Inc. now owns 8,570 shares of the company’s stock valued at $1,537,000 after purchasing an additional 292 shares during the last quarter. Signature Estate & Investment Advisors LLC increased its stake in iShares MSCI USA Quality Factor ETF by 25.2% during the third quarter. Signature Estate & Investment Advisors LLC now owns 2,908 shares of the company’s stock valued at $521,000 after purchasing an additional 586 shares during the last quarter. KCM Investment Advisors LLC increased its stake in iShares MSCI USA Quality Factor ETF by 1.5% during the third quarter. KCM Investment Advisors LLC now owns 9,209 shares of the company’s stock valued at $1,651,000 after purchasing an additional 140 shares during the last quarter. Finally, Evolution Wealth Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the third quarter valued at $247,000.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $171.70 on Friday. The company has a 50-day simple moving average of $180.67 and a 200-day simple moving average of $180.40. The firm has a market capitalization of $48.74 billion, a P/E ratio of 26.45 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a one year low of $154.17 and a one year high of $187.26.

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.