RCS Financial Planning LLC Has $1.45 Million Position in iShares MSCI USA Quality Factor ETF $QUAL

RCS Financial Planning LLC decreased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 54.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,550 shares of the company’s stock after selling 9,008 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 0.8% of RCS Financial Planning LLC’s holdings, making the stock its 22nd biggest holding. RCS Financial Planning LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,448,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in QUAL. Armbruster Capital Management Inc. increased its position in iShares MSCI USA Quality Factor ETF by 3.3% during the 1st quarter. Armbruster Capital Management Inc. now owns 170,323 shares of the company’s stock valued at $32,670,000 after purchasing an additional 5,409 shares during the period. ADG Wealth Management Group LLC boosted its position in iShares MSCI USA Quality Factor ETF by 2.0% during the first quarter. ADG Wealth Management Group LLC now owns 13,225 shares of the company’s stock valued at $2,537,000 after acquiring an additional 264 shares during the last quarter. AA Financial Advisors LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 1st quarter worth about $233,000. BCU Wealth Advisors LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 3.7% during the 1st quarter. BCU Wealth Advisors LLC now owns 9,540 shares of the company’s stock worth $1,830,000 after acquiring an additional 340 shares during the period. Finally, Falcon Wealth Planning grew its holdings in iShares MSCI USA Quality Factor ETF by 18.2% during the 1st quarter. Falcon Wealth Planning now owns 1,614 shares of the company’s stock worth $310,000 after acquiring an additional 248 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 0.0%

QUAL stock opened at $213.25 on Friday. The firm has a market cap of $61.83 billion, a PE ratio of 25.59 and a beta of 1.05. The stock has a 50-day moving average price of $211.85 and a 200-day moving average price of $204.10. iShares MSCI USA Quality Factor ETF has a 1-year low of $179.28 and a 1-year high of $219.82.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.