Connecticut Wealth Management LLC Lowers Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Connecticut Wealth Management LLC trimmed its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 2.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,023,787 shares of the company’s stock after selling 20,975 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 8.8% of Connecticut Wealth Management LLC’s holdings, making the stock its 4th largest position. Connecticut Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $203,345,000 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. Coldstream Capital Management Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 132.4% in the 3rd quarter. Coldstream Capital Management Inc. now owns 1,044,546 shares of the company’s stock worth $203,164,000 after purchasing an additional 595,017 shares during the period. Cassilly Financial Group LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter worth $1,348,000. Aspen Wealth Management LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 2.6% in the 4th quarter. Aspen Wealth Management LLC now owns 228,882 shares of the company’s stock worth $45,461,000 after purchasing an additional 5,878 shares during the period. Liberty Wealth Management LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 2.0% in the 4th quarter. Liberty Wealth Management LLC now owns 159,312 shares of the company’s stock worth $31,622,000 after purchasing an additional 3,188 shares during the period. Finally, Keel Point LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 37.0% in the 3rd quarter. Keel Point LLC now owns 13,818 shares of the company’s stock worth $2,688,000 after purchasing an additional 3,732 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $215.90 on Friday. iShares MSCI USA Quality Factor ETF has a one year low of $175.20 and a one year high of $217.65. The stock’s fifty day moving average is $208.14 and its 200 day moving average is $202.84. The stock has a market cap of $62.60 billion, a P/E ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF Company Profile

(Free Report)

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.

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