Heritage Oak Wealth Advisors LLC Cuts Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Heritage Oak Wealth Advisors LLC reduced its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 27.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,673 shares of the company’s stock after selling 635 shares during the period. Heritage Oak Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $286,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Strategic Financial Concepts LLC increased its position in iShares MSCI USA Quality Factor ETF by 21.0% during the first quarter. Strategic Financial Concepts LLC now owns 4,119 shares of the company’s stock valued at $704,000 after acquiring an additional 715 shares during the last quarter. Weaver Consulting Group grew its stake in shares of iShares MSCI USA Quality Factor ETF by 1.0% during the 1st quarter. Weaver Consulting Group now owns 111,539 shares of the company’s stock valued at $19,061,000 after purchasing an additional 1,069 shares during the period. Private Trust Co. NA increased its position in shares of iShares MSCI USA Quality Factor ETF by 1.6% during the 1st quarter. Private Trust Co. NA now owns 21,628 shares of the company’s stock valued at $3,696,000 after purchasing an additional 333 shares during the last quarter. Mainstream Capital Management LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 11.6% in the 1st quarter. Mainstream Capital Management LLC now owns 9,249 shares of the company’s stock worth $1,581,000 after purchasing an additional 959 shares during the period. Finally, Arlington Trust Co LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 35.9% in the first quarter. Arlington Trust Co LLC now owns 2,195 shares of the company’s stock worth $375,000 after buying an additional 580 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $183.93 on Thursday. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The firm has a fifty day moving average price of $176.41 and a 200-day moving average price of $176.10. The company has a market cap of $53.33 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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.