iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Sold by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 15.2% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 23,228 shares of the company’s stock after selling 4,158 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,969,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. IHT Wealth Management LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.9% in the fourth quarter. IHT Wealth Management LLC now owns 215,653 shares of the company’s stock valued at $38,403,000 after purchasing an additional 7,995 shares during the period. Florida Financial Advisors LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the fourth quarter. Florida Financial Advisors LLC now owns 2,315 shares of the company’s stock valued at $412,000 after purchasing an additional 66 shares during the period. Wells Financial Advisors INC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.5% in the fourth quarter. Wells Financial Advisors INC now owns 18,154 shares of the company’s stock valued at $3,233,000 after purchasing an additional 1,260 shares during the period. PFG Advisors grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.2% in the fourth quarter. PFG Advisors now owns 102,691 shares of the company’s stock valued at $18,287,000 after purchasing an additional 3,189 shares during the period. Finally, Fullcircle Wealth LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 11.1% in the fourth quarter. Fullcircle Wealth LLC now owns 15,898 shares of the company’s stock valued at $2,954,000 after purchasing an additional 1,591 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 4.6%

Shares of QUAL opened at $184.77 on Thursday. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26. The firm has a 50-day moving average price of $178.07 and a 200 day moving average price of $176.22. The firm has a market capitalization of $53.57 billion, a P/E 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.