AlTi Global Inc. Decreases Stake in iShares MSCI USA Quality Factor ETF $QUAL

AlTi Global Inc. lowered its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 33.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,259 shares of the company’s stock after selling 11,172 shares during the period. AlTi Global Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,070,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in QUAL. Brighton Jones LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 25.3% in the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after buying an additional 2,023 shares during the last quarter. Heck Capital Advisors LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $81,990,000. Bison Wealth LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 21.6% in the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock valued at $3,395,000 after acquiring an additional 3,383 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 13.8% in the 1st quarter. International Assets Investment Management LLC now owns 3,667 shares of the company’s stock valued at $627,000 after acquiring an additional 444 shares during the last quarter. Finally, Global Assets Advisory LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter valued at $206,000.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock opened at $196.11 on Friday. The firm’s fifty day simple moving average is $191.81 and its 200-day simple moving average is $182.12. The company has a market capitalization of $56.86 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $187.26.

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.