Maple Capital Management Inc. Trims Position in iShares MSCI USA Quality Factor ETF $QUAL

Maple Capital Management Inc. trimmed its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 9.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,543 shares of the company’s stock after selling 360 shares during the period. Maple Capital Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $648,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Galvin Gaustad & Stein LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 2.6% in the second quarter. Galvin Gaustad & Stein LLC now owns 2,095 shares of the company’s stock valued at $383,000 after acquiring an additional 54 shares in the last quarter. Global Financial Private Client LLC raised its stake in iShares MSCI USA Quality Factor ETF by 0.6% during the 2nd quarter. Global Financial Private Client LLC now owns 10,696 shares of the company’s stock valued at $1,955,000 after purchasing an additional 60 shares during the period. L. Roy Papp & Associates LLP lifted its holdings in iShares MSCI USA Quality Factor ETF by 2.5% in the 2nd quarter. L. Roy Papp & Associates LLP now owns 2,461 shares of the company’s stock worth $450,000 after purchasing an additional 60 shares in the last quarter. Benningfield Financial Advisors LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 0.8% in the 2nd quarter. Benningfield Financial Advisors LLC now owns 7,820 shares of the company’s stock worth $1,430,000 after purchasing an additional 65 shares during the period. Finally, Bartlett & CO. Wealth Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 0.7% during the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 10,631 shares of the company’s stock valued at $1,944,000 after buying an additional 72 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $196.40 on Wednesday. The company’s fifty day moving average price is $193.85 and its 200-day moving average price is $185.66. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $187.26. The company has a market capitalization of $56.95 billion, a PE 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.