Barnes Wealth Management Group Inc Has $4.39 Million Stake in iShares MSCI USA Quality Factor ETF $QUAL

Barnes Wealth Management Group Inc lessened its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 33.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,108 shares of the company’s stock after selling 10,922 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises about 2.3% of Barnes Wealth Management Group Inc’s investment portfolio, making the stock its 7th biggest holding. Barnes Wealth Management Group Inc’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,391,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in QUAL. WealthBridge Capital Management LLC lifted its position in iShares MSCI USA Quality Factor ETF by 3.7% in the fourth quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock worth $277,000 after purchasing an additional 50 shares during the period. Empire Life Investments Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 0.8% during the 4th quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock valued at $1,222,000 after purchasing an additional 50 shares during the period. Tompkins Financial Corp increased its position in shares of iShares MSCI USA Quality Factor ETF by 17.8% during the 4th quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock valued at $68,000 after purchasing an additional 52 shares during the period. Sunbelt Securities Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 1.4% during the 4th quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock valued at $723,000 after purchasing an additional 52 shares during the period. Finally, First Command Advisory Services Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 16.5% in the 4th quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock worth $74,000 after buying an additional 53 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $215.89 on Friday. The company has a market capitalization of $62.60 billion, a PE ratio of 25.59 and a beta of 1.05. The stock’s fifty day moving average is $210.49 and its 200-day moving average is $203.56. iShares MSCI USA Quality Factor ETF has a one year low of $175.20 and a one year high of $219.82.

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.