ARS Wealth Advisors Group LLC Reduces Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

ARS Wealth Advisors Group LLC cut its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 164,024 shares of the company’s stock after selling 1,149 shares during the period. iShares MSCI USA Quality Factor ETF comprises 4.0% of ARS Wealth Advisors Group LLC’s portfolio, making the stock its 5th biggest position. ARS Wealth Advisors Group LLC owned 0.06% of iShares MSCI USA Quality Factor ETF worth $29,209,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 46.3% in the third quarter. Signaturefd LLC now owns 717 shares of the company’s stock valued at $129,000 after acquiring an additional 227 shares in the last quarter. Annandale Capital LLC boosted its position in iShares MSCI USA Quality Factor ETF by 1.4% in the 2nd quarter. Annandale Capital LLC now owns 26,500 shares of the company’s stock worth $4,525,000 after purchasing an additional 363 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in iShares MSCI USA Quality Factor ETF by 1.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 2,369,906 shares of the company’s stock valued at $404,685,000 after buying an additional 22,546 shares in the last quarter. AlTi Global Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 3.2% in the 2nd quarter. AlTi Global Inc. now owns 30,297 shares of the company’s stock valued at $5,174,000 after buying an additional 947 shares in the last quarter. Finally, CreativeOne Wealth LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 43.4% in the 3rd quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock valued at $45,294,000 after acquiring an additional 76,472 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS:QUAL traded down $0.01 during midday trading on Wednesday, reaching $176.64. 1,012,081 shares of the company’s stock were exchanged. The stock has a market cap of $46.62 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The firm’s 50 day simple moving average is $182.06 and its two-hundred day simple moving average is $177.66.

About iShares MSCI USA Quality Factor ETF

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.