Tanglewood Wealth Management Inc. Reduces Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Tanglewood Wealth Management Inc. lowered its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 140,947 shares of the company’s stock after selling 2,157 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 2.9% of Tanglewood Wealth Management Inc.’s holdings, making the stock its 11th biggest position. Tanglewood Wealth Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $25,100,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Renaissance Technologies LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $1,161,000. Squarepoint Ops LLC grew its stake in iShares MSCI USA Quality Factor ETF by 19.7% in the 2nd quarter. Squarepoint Ops LLC now owns 3,502 shares of the company’s stock worth $598,000 after acquiring an additional 576 shares during the period. AQR Capital Management LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 7.8% in the 2nd quarter. AQR Capital Management LLC now owns 2,602 shares of the company’s stock valued at $444,000 after acquiring an additional 189 shares during the last quarter. Fluent Financial LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.7% during the 3rd quarter. Fluent Financial LLC now owns 21,788 shares of the company’s stock worth $3,907,000 after purchasing an additional 969 shares during the period. Finally, Halpern Financial Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $26,000.

iShares MSCI USA Quality Factor ETF Trading Up 3.8 %

iShares MSCI USA Quality Factor ETF stock opened at $183.34 on Friday. The stock has a fifty day moving average price of $182.04 and a 200 day moving average price of $178.45. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The firm has a market capitalization of $48.38 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.