Cornerstone Wealth Management LLC Has $3.84 Million Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Cornerstone Wealth Management LLC decreased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 22,446 shares of the company’s stock after selling 131 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,836,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Tallon Kerry Patrick bought a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $334,000. Brighton Jones LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 25.3% in the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after purchasing an additional 2,023 shares in the last quarter. Heck Capital Advisors LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter worth $81,990,000. Empowered Funds LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth $40,000. Finally, Strategic Financial Concepts LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 23.1% during the fourth quarter. Strategic Financial Concepts LLC now owns 3,404 shares of the company’s stock worth $606,000 after purchasing an additional 639 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $177.80 on Wednesday. The business has a fifty day moving average of $172.66 and a 200-day moving average of $176.54. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The firm has a market cap of $51.32 billion, a PE ratio of 25.81 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.