iShares MSCI USA Quality Factor ETF $QUAL Stock Position Decreased by Horizon Wealth Management LLC

Horizon Wealth Management LLC trimmed its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 84.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,151 shares of the company’s stock after selling 6,074 shares during the quarter. Horizon Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $221,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. WealthBridge Capital Management LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 3.7% in the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock valued at $277,000 after purchasing an additional 50 shares during the period. Empire Life Investments Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 0.8% in the 4th quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock worth $1,222,000 after purchasing an additional 50 shares in the last quarter. Tompkins Financial Corp raised its holdings in 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 worth $68,000 after buying an additional 52 shares during the period. Sunbelt Securities Inc. raised its holdings in 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 worth $723,000 after buying an additional 52 shares during the period. Finally, First Command Advisory Services Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 16.5% during the fourth quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock valued at $74,000 after buying an additional 53 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.3%

QUAL stock opened at $218.87 on Thursday. iShares MSCI USA Quality Factor ETF has a one year low of $181.55 and a one year high of $220.24. The firm has a 50-day moving average of $212.79 and a two-hundred day moving average of $204.61. The firm has a market capitalization of $63.46 billion, a PE ratio of 25.59 and a beta of 1.05.

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.