iShares MSCI USA Quality Factor ETF (BATS:QUAL) is Running Point Capital Advisors LLC’s 5th Largest Position

Running Point Capital Advisors LLC lowered its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 66,224 shares of the company’s stock after selling 1,339 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 4.6% of Running Point Capital Advisors LLC’s portfolio, making the stock its 5th biggest holding. Running Point Capital Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $11,874,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Halpern Financial Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $26,000. Barrett & Company Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $27,000. Voisard Asset Management Group Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at about $27,000. OLD Second National Bank of Aurora acquired a new position in iShares MSCI USA Quality Factor ETF during the third quarter worth about $27,000. Finally, Centennial Bank AR acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at approximately $29,000.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $180.89 on Thursday. The stock’s 50 day simple moving average is $179.80 and its 200 day simple moving average is $173.61. The stock has a market cap of $47.74 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63.

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.