Frederick Financial Consultants LLC Cuts Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Frederick Financial Consultants LLC decreased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 13.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,702 shares of the company’s stock after selling 267 shares during the quarter. Frederick Financial Consultants LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $291,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of QUAL. Cullen Frost Bankers Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 84.2% during the first quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock valued at $30,000 after purchasing an additional 80 shares during the period. CoreFirst Bank & Trust bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $32,000. Bellwether Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $32,000. Mascagni Wealth Management Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $36,000. Finally, Whittier Trust Co. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 63.1% during the fourth quarter. Whittier Trust Co. now owns 212 shares of the company’s stock valued at $38,000 after acquiring an additional 82 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 3.8%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $183.39 on Thursday. The company has a market cap of $53.17 billion, a PE ratio of 25.59 and a beta of 1.05. The business has a 50 day moving average of $179.35 and a 200 day moving average of $176.30. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26.

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.