Octavia Wealth Advisors LLC Has $424,000 Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Octavia Wealth Advisors LLC lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.2% in the second quarter, Holdings Channel reports. The institutional investor owned 2,481 shares of the company’s stock after selling 136 shares during the period. Octavia Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $424,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in QUAL. Aveo Capital Partners LLC raised its position in iShares MSCI USA Quality Factor ETF by 93.9% in the fourth quarter. Aveo Capital Partners LLC now owns 4,785 shares of the company’s stock worth $704,000 after purchasing an additional 2,317 shares in the last quarter. 9258 Wealth Management LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 2.5% during the 4th quarter. 9258 Wealth Management LLC now owns 12,033 shares of the company’s stock worth $1,771,000 after buying an additional 289 shares during the period. Rollins Financial boosted its stake in iShares MSCI USA Quality Factor ETF by 26.3% in the 4th quarter. Rollins Financial now owns 22,116 shares of the company’s stock valued at $3,254,000 after buying an additional 4,612 shares in the last quarter. Summit Trail Advisors LLC grew its position in iShares MSCI USA Quality Factor ETF by 31.7% in the fourth quarter. Summit Trail Advisors LLC now owns 2,077 shares of the company’s stock valued at $306,000 after acquiring an additional 500 shares during the period. Finally, Lincoln National Corp increased its position in shares of iShares MSCI USA Quality Factor ETF by 101.1% during the 4th quarter. Lincoln National Corp now owns 32,286 shares of the company’s stock worth $4,751,000 after purchasing an additional 16,234 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.8 %

BATS:QUAL traded up $1.36 on Tuesday, reaching $177.78. The stock had a trading volume of 655,295 shares. The company has a market capitalization of $46.92 billion, a P/E ratio of 23.03 and a beta of 1.03. The stock has a fifty day moving average price of $172.08 and a 200-day moving average price of $166.19. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63.

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.