Providence First Trust Co Trims Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Providence First Trust Co lowered its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 27.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,681 shares of the company’s stock after selling 5,066 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises about 0.9% of Providence First Trust Co’s portfolio, making the stock its 21st biggest holding. Providence First Trust Co’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,717,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Avantra Family Wealth Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at $1,493,000. Dynasty Wealth Management LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 18.3% during the 3rd quarter. Dynasty Wealth Management LLC now owns 582,095 shares of the company’s stock valued at $113,218,000 after acquiring an additional 90,195 shares during the period. Cabot Wealth Management Inc. boosted its holdings in iShares MSCI USA Quality Factor ETF by 8.7% during the 3rd quarter. Cabot Wealth Management Inc. now owns 42,044 shares of the company’s stock valued at $8,177,000 after acquiring an additional 3,369 shares during the period. Insight Inv LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $1,016,000. Finally, CGC Financial Services LLC increased its stake in iShares MSCI USA Quality Factor ETF by 846.1% during the third quarter. CGC Financial Services LLC now owns 149,619 shares of the company’s stock worth $29,101,000 after purchasing an additional 133,804 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS:QUAL opened at $207.50 on Wednesday. The firm has a market capitalization of $60.16 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $169.23 and a 1 year high of $208.67. The firm’s 50-day moving average is $199.73 and its two-hundred day moving average is $199.37.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.