Total Clarity Wealth Management Inc. Has $1.53 Million Position in iShares MSCI USA Quality Factor ETF $QUAL

Total Clarity Wealth Management Inc. reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 45.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 8,390 shares of the company’s stock after selling 7,064 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,534,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Keener Financial Planning LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $29,000. Cullen Frost Bankers Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 84.2% during the first quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock worth $30,000 after purchasing an additional 80 shares during the period. Legacy Wealth Managment LLC ID acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth approximately $37,000. CX Institutional boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 151.9% during the second quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after purchasing an additional 123 shares during the period. Finally, BankPlus Trust Department boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 58.4% during the first quarter. BankPlus Trust Department now owns 244 shares of the company’s stock worth $42,000 after purchasing an additional 90 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 8.1%

BATS QUAL opened at $190.99 on Monday. The stock has a market capitalization of $55.38 billion, a PE ratio of 25.59 and a beta of 1.05. The company has a 50 day moving average price of $190.33 and a two-hundred day moving average price of $180.45. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26.

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.