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

Trinity Wealth Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.4% in the first quarter, HoldingsChannel reports. The firm owned 96,368 shares of the company’s stock after purchasing an additional 385 shares during the period. iShares MSCI USA Quality Factor ETF accounts for 7.5% of Trinity Wealth Management LLC’s holdings, making the stock its 4th biggest position. Trinity Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $16,468,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 2.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 29,141,751 shares of the company’s stock worth $5,189,563,000 after purchasing an additional 596,515 shares in the last quarter. LPL Financial LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 14.5% in the 4th quarter. LPL Financial LLC now owns 16,867,820 shares of the company’s stock valued at $3,003,821,000 after acquiring an additional 2,141,996 shares in the last quarter. FMR LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 1.8% in the 4th quarter. FMR LLC now owns 16,141,300 shares of the company’s stock valued at $2,874,443,000 after acquiring an additional 292,539 shares in the last quarter. Bank of America Corp DE raised its stake in shares of iShares MSCI USA Quality Factor ETF by 1.5% in the 4th quarter. Bank of America Corp DE now owns 7,721,037 shares of the company’s stock valued at $1,374,962,000 after acquiring an additional 113,633 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 14.6% in the 4th quarter. JPMorgan Chase & Co. now owns 6,580,546 shares of the company’s stock valued at $1,171,864,000 after acquiring an additional 837,887 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $179.59 on Thursday. The stock’s 50 day simple moving average is $169.53 and its 200 day simple moving average is $176.72. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The company has a market capitalization of $51.84 billion, a price-to-earnings 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.