Wells Financial Advisors INC Lowers Stake in iShares MSCI USA Quality Factor ETF $QUAL

Wells Financial Advisors INC trimmed its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,093 shares of the company’s stock after selling 886 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 4.3% of Wells Financial Advisors INC’s holdings, making the stock its 7th largest position. Wells Financial Advisors INC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,125,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Galvin Gaustad & Stein LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 2.6% during the second quarter. Galvin Gaustad & Stein LLC now owns 2,095 shares of the company’s stock valued at $383,000 after acquiring an additional 54 shares during the period. Global Financial Private Client LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 0.6% during the second quarter. Global Financial Private Client LLC now owns 10,696 shares of the company’s stock valued at $1,955,000 after purchasing an additional 60 shares in the last quarter. L. Roy Papp & Associates LLP grew its position in shares of iShares MSCI USA Quality Factor ETF by 2.5% during the second quarter. L. Roy Papp & Associates LLP now owns 2,461 shares of the company’s stock valued at $450,000 after purchasing an additional 60 shares in the last quarter. Acorn Wealth Advisors LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 0.4% during the first quarter. Acorn Wealth Advisors LLC now owns 14,431 shares of the company’s stock valued at $2,466,000 after purchasing an additional 62 shares in the last quarter. Finally, Citizens National Bank Trust Department grew its position in shares of iShares MSCI USA Quality Factor ETF by 2.6% during the first quarter. Citizens National Bank Trust Department now owns 2,606 shares of the company’s stock valued at $445,000 after purchasing an additional 66 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 8.1%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $190.99 on Monday. The firm has a market cap of $55.38 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The business has a 50-day moving average price of $190.33 and a 200-day moving average price of $180.45. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26.

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.