Wells Financial Advisors INC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 41.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,148 shares of the company’s stock after selling 4,963 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 6.2% of Wells Financial Advisors INC’s investment portfolio, making the stock its 4th largest position. Wells Financial Advisors INC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,371,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. WealthBridge Capital Management LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 3.7% in the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock valued at $277,000 after purchasing an additional 50 shares in the last quarter. Empire Life Investments Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 0.8% during the fourth quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock worth $1,222,000 after purchasing an additional 50 shares during the last quarter. Tompkins Financial Corp grew its stake in iShares MSCI USA Quality Factor ETF by 17.8% in the fourth quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock worth $68,000 after purchasing an additional 52 shares in the last quarter. Sunbelt Securities Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 1.4% in the fourth quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock valued at $723,000 after buying an additional 52 shares during the last quarter. Finally, First Command Advisory Services Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 16.5% in the fourth quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock valued at $74,000 after buying an additional 53 shares during the last quarter.
iShares MSCI USA Quality Factor ETF Stock Performance
QUAL stock opened at $217.87 on Monday. The stock’s 50 day simple moving average is $215.49 and its 200 day simple moving average is $206.23. iShares MSCI USA Quality Factor ETF has a 12-month low of $181.65 and a 12-month high of $221.16. The firm has a market cap of $63.17 billion, a P/E 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.
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