Benningfield Financial Advisors LLC trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 51.6% in the first quarter, HoldingsChannel.com reports. The firm owned 3,267 shares of the company’s stock after selling 3,484 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 0.5% of Benningfield Financial Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. Benningfield Financial Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $627,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in QUAL. Advocate Investing Services LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at $25,000. Resources Management Corp CT ADV bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth $27,000. Financial Life Planners acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter valued at $28,000. Ares Financial Consulting LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $30,000. Finally, Cornerstone Financial Management LLC bought a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at about $30,000.
iShares MSCI USA Quality Factor ETF Stock Down 1.3%
Shares of QUAL stock opened at $217.87 on Friday. The stock has a 50-day simple moving average of $215.49 and a 200 day simple moving average of $206.19. The stock has a market capitalization of $63.17 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $181.65 and a fifty-two week high of $221.16.
iShares MSCI USA Quality Factor ETF 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.
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Want to see what other hedge funds are holding QUAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report).
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