iShares MSCI USA Quality Factor ETF $QUAL is McNaughton Wealth Management LLC’s 10th Largest Position

McNaughton Wealth Management LLC decreased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 40.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 32,070 shares of the company’s stock after selling 21,835 shares during the period. iShares MSCI USA Quality Factor ETF accounts for 2.6% of McNaughton Wealth Management LLC’s portfolio, making the stock its 10th largest position. McNaughton Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,370,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of QUAL. Hantz Financial Services Inc. purchased a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $25,000. Financial Life Planners bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $28,000. CoreFirst Bank & Trust purchased a new stake in iShares MSCI USA Quality Factor ETF in the second quarter worth $33,000. First Horizon Corp purchased a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth $36,000. Finally, Phillips Financial Management LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $39,000.

iShares MSCI USA Quality Factor ETF Trading Down 0.3%

Shares of QUAL opened at $193.30 on Wednesday. The firm has a fifty day moving average price of $201.25 and a 200-day moving average price of $197.99. The firm has a market capitalization of $56.05 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 $205.65.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.