Stephens Consulting LLC Has $1.03 Million Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Stephens Consulting LLC cut its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.9% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 6,042 shares of the company’s stock after selling 242 shares during the quarter. Stephens Consulting LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,033,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. IHT Wealth Management LLC increased its position in iShares MSCI USA Quality Factor ETF by 3.9% in the fourth quarter. IHT Wealth Management LLC now owns 215,653 shares of the company’s stock worth $38,403,000 after purchasing an additional 7,995 shares during the period. Florida Financial Advisors LLC increased its position in iShares MSCI USA Quality Factor ETF by 2.9% in the fourth quarter. Florida Financial Advisors LLC now owns 2,315 shares of the company’s stock worth $412,000 after purchasing an additional 66 shares during the period. Wells Financial Advisors INC increased its position in iShares MSCI USA Quality Factor ETF by 7.5% in the fourth quarter. Wells Financial Advisors INC now owns 18,154 shares of the company’s stock worth $3,233,000 after purchasing an additional 1,260 shares during the period. PFG Advisors increased its position in iShares MSCI USA Quality Factor ETF by 3.2% in the fourth quarter. PFG Advisors now owns 102,691 shares of the company’s stock worth $18,287,000 after purchasing an additional 3,189 shares during the period. Finally, Fullcircle Wealth LLC increased its position in iShares MSCI USA Quality Factor ETF by 11.1% in the fourth quarter. Fullcircle Wealth LLC now owns 15,898 shares of the company’s stock worth $2,954,000 after purchasing an additional 1,591 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 1.6%

Shares of QUAL stock opened at $179.40 on Tuesday. The stock has a 50-day moving average price of $172.43 and a 200 day moving average price of $176.59. The firm has a market cap of $51.78 billion, a price-to-earnings ratio of 25.81 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 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.