Bryn Mawr Trust Advisors LLC Has $27.41 Million Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Bryn Mawr Trust Advisors LLC trimmed its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.3% in the 1st quarter, HoldingsChannel reports. The firm owned 142,886 shares of the company’s stock after selling 16,327 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 1.3% of Bryn Mawr Trust Advisors LLC’s portfolio, making the stock its 11th biggest position. Bryn Mawr Trust Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $27,407,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Advocate Investing Services LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at about $25,000. Resources Management Corp CT ADV purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $27,000. Financial Life Planners purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the first quarter worth approximately $28,000. Ares Financial Consulting LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $30,000. Finally, Cornerstone Financial Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $30,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $218.65 on Tuesday. The company has a market cap of $63.40 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52 week low of $181.55 and a 52 week high of $220.24. The firm has a 50 day simple moving average of $214.69 and a 200 day simple moving average of $205.71.

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.