Mascoma Wealth Management LLC Decreases Stake in iShares MSCI USA Quality Factor ETF $QUAL

Mascoma Wealth Management LLC reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 43.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 569 shares of the company’s stock after selling 440 shares during the quarter. Mascoma Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $104,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. OVERSEA CHINESE BANKING Corp Ltd increased its holdings in iShares MSCI USA Quality Factor ETF by 2,898.7% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 7,622,243 shares of the company’s stock worth $1,302,565,000 after buying an additional 7,368,058 shares during the period. Envestnet Asset Management Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 9.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 31,853,469 shares of the company’s stock worth $5,443,439,000 after buying an additional 2,711,718 shares during the period. BNP Paribas Financial Markets increased its holdings in iShares MSCI USA Quality Factor ETF by 3,606,710.7% in the 1st quarter. BNP Paribas Financial Markets now owns 2,705,108 shares of the company’s stock worth $462,276,000 after buying an additional 2,705,033 shares during the period. LPL Financial LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 7.8% in the 1st quarter. LPL Financial LLC now owns 18,186,643 shares of the company’s stock worth $3,107,915,000 after buying an additional 1,318,823 shares during the period. Finally, Focus Partners Wealth increased its holdings in iShares MSCI USA Quality Factor ETF by 213.6% in the 1st quarter. Focus Partners Wealth now owns 1,891,522 shares of the company’s stock worth $323,242,000 after buying an additional 1,288,398 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 11.2%

Shares of BATS:QUAL opened at $196.47 on Friday. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The company’s 50 day moving average is $189.31 and its 200 day moving average is $179.63. The company has a market cap of $56.97 billion, a PE ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF 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.