Connecticut Wealth Management LLC cut its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 2.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,023,787 shares of the company’s stock after selling 20,975 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 8.8% of Connecticut Wealth Management LLC’s holdings, making the stock its 4th largest position. Connecticut Wealth Management LLC owned approximately 0.35% of iShares MSCI USA Quality Factor ETF worth $203,345,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Hantz Financial Services Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $25,000. Financial Life Planners bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $28,000. Ares Financial Consulting LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $30,000. Decker Retirement Planning Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $32,000. Finally, Fortitude Family Office LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $39,000.
iShares MSCI USA Quality Factor ETF Trading Up 1.7%
QUAL stock opened at $215.90 on Friday. The stock has a market capitalization of $62.60 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $175.20 and a 12-month high of $217.65. The stock’s 50 day simple moving average is $208.14 and its 200 day simple moving average is $202.84.
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.
Further Reading
- Five stocks we like better than iShares MSCI USA Quality Factor ETF
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
Want to see what other hedge funds are holding QUAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report).
Receive News & Ratings for iShares MSCI USA Quality Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Quality Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
