Stonehearth Capital Management LLC Lowers Position in iShares MSCI USA Quality Factor ETF $QUAL

Stonehearth Capital Management LLC decreased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,828 shares of the company’s stock after selling 3,961 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 3.4% of Stonehearth Capital Management LLC’s portfolio, making the stock its 9th largest holding. Stonehearth Capital Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,598,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Legacy Wealth Partners LLC grew its position in iShares MSCI USA Quality Factor ETF by 4.9% during the first quarter. Legacy Wealth Partners LLC now owns 2,742 shares of the company’s stock worth $526,000 after buying an additional 128 shares in the last quarter. PMG Wealth Management Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 5.8% during the 1st quarter. PMG Wealth Management Inc. now owns 45,960 shares of the company’s stock valued at $8,816,000 after acquiring an additional 2,512 shares during the period. Signal Advisors Wealth LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 2.3% during the 1st quarter. Signal Advisors Wealth LLC now owns 12,241 shares of the company’s stock valued at $2,348,000 after acquiring an additional 278 shares during the period. SVB Wealth LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 3.3% during the 1st quarter. SVB Wealth LLC now owns 47,736 shares of the company’s stock valued at $9,156,000 after acquiring an additional 1,531 shares during the period. Finally, SWP Financial LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.2% during the 1st quarter. SWP Financial LLC now owns 24,846 shares of the company’s stock worth $4,766,000 after purchasing an additional 303 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $213.01 on Wednesday. iShares MSCI USA Quality Factor ETF has a 52 week low of $178.46 and a 52 week high of $219.82. The stock has a market capitalization of $61.76 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock’s fifty day moving average is $211.41 and its 200 day moving average is $203.91.

iShares MSCI USA Quality Factor ETF Company 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.