Kingsview Wealth Management LLC Has $1.07 Million Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Kingsview Wealth Management LLC cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 74.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,988 shares of the company’s stock after selling 17,295 shares during the quarter. Kingsview Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,066,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of QUAL. AQR Capital Management LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 7.8% during the 2nd quarter. AQR Capital Management LLC now owns 2,602 shares of the company’s stock worth $444,000 after buying an additional 189 shares during the period. Alpha Financial Partners LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 903.5% in the 3rd quarter. Alpha Financial Partners LLC now owns 38,674 shares of the company’s stock valued at $6,934,000 after purchasing an additional 34,820 shares during the period. Armstrong Advisory Group Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 28.3% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 671 shares of the company’s stock valued at $120,000 after purchasing an additional 148 shares during the period. Procyon Advisors LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.7% in the 3rd quarter. Procyon Advisors LLC now owns 1,354 shares of the company’s stock valued at $243,000 after purchasing an additional 61 shares during the period. Finally, Empirical Asset Management LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 27.5% in the 3rd quarter. Empirical Asset Management LLC now owns 4,631 shares of the company’s stock valued at $830,000 after purchasing an additional 1,000 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS:QUAL opened at $184.38 on Wednesday. The company has a market capitalization of $48.66 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The business’s 50-day moving average is $181.90 and its 200-day moving average is $179.03. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63.

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.