Pinion Investment Advisors LLC Has $4.03 Million Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Pinion Investment Advisors LLC decreased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.6% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,022 shares of the company’s stock after selling 2,888 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 1.4% of Pinion Investment Advisors LLC’s holdings, making the stock its 12th biggest holding. Pinion Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,026,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Flow Traders U.S. LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 412.9% in the 1st quarter. Flow Traders U.S. LLC now owns 64,002 shares of the company’s stock worth $10,937,000 after purchasing an additional 51,524 shares during the last quarter. SlateStone Wealth LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 12.4% in the 1st quarter. SlateStone Wealth LLC now owns 157,313 shares of the company’s stock worth $26,883,000 after purchasing an additional 17,337 shares during the last quarter. Delap Wealth Advisory LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter worth about $385,000. Elevate Wealth Advisory Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.1% in the 1st quarter. Elevate Wealth Advisory Inc. now owns 2,928 shares of the company’s stock worth $500,000 after purchasing an additional 115 shares during the last quarter. Finally, Partners Capital Investment Group LLP grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 284.3% in the 1st quarter. Partners Capital Investment Group LLP now owns 101,407 shares of the company’s stock worth $17,329,000 after purchasing an additional 75,022 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $195.62 on Friday. The firm’s 50-day simple moving average is $190.16 and its 200-day simple moving average is $180.30. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The firm has a market cap of $56.72 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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.