Fairvoy Private Wealth LLC Trims Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Fairvoy Private Wealth LLC cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,846 shares of the company’s stock after selling 388 shares during the period. Fairvoy Private Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,683,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Fortis Advisors LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 14.8% during the 1st quarter. Fortis Advisors LLC now owns 4,193 shares of the company’s stock worth $717,000 after buying an additional 541 shares in the last quarter. Hengehold Capital Management LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 6.0% during the 1st quarter. Hengehold Capital Management LLC now owns 201,976 shares of the company’s stock worth $34,516,000 after buying an additional 11,522 shares in the last quarter. Brighton Jones LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 19.8% during the 1st quarter. Brighton Jones LLC now owns 12,010 shares of the company’s stock worth $2,052,000 after buying an additional 1,982 shares in the last quarter. Stanich Group LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 2.7% during the 1st quarter. Stanich Group LLC now owns 28,148 shares of the company’s stock worth $4,810,000 after buying an additional 751 shares in the last quarter. Finally, Exchange Traded Concepts LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 4.6% during the 1st quarter. Exchange Traded Concepts LLC now owns 43,248 shares of the company’s stock worth $7,391,000 after buying an additional 1,904 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 0.8%

Shares of QUAL stock opened at $178.12 on Friday. The company has a market cap of $51.41 billion, a price-to-earnings ratio of 25.81 and a beta of 1.05. The stock has a 50 day simple moving average of $171.88 and a 200-day simple moving average of $176.68. 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 Company 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.