Signet Financial Management LLC Has $3.13 Million Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Signet Financial Management LLC cut its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 40.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,742 shares of the company’s stock after selling 10,747 shares during the period. Signet Financial Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,127,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Maridea Wealth Management LLC grew its stake in iShares MSCI USA Quality Factor ETF by 2.7% in the fourth quarter. Maridea Wealth Management LLC now owns 5,323 shares of the company’s stock valued at $1,057,000 after acquiring an additional 138 shares during the period. Orgel Wealth Management LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 1.5% during the fourth quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock worth $605,901,000 after purchasing an additional 44,952 shares during the period. Harbor Investment Advisory LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.1% in the 4th quarter. Harbor Investment Advisory LLC now owns 3,277 shares of the company’s stock worth $651,000 after purchasing an additional 188 shares in the last quarter. Aventura Private Wealth LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth $220,000. Finally, Capital Advantage Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.5% in the 4th quarter. Capital Advantage Inc. now owns 36,446 shares of the company’s stock worth $7,239,000 after purchasing an additional 1,575 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 1.2%

BATS QUAL opened at $191.89 on Friday. The company has a market cap of $55.64 billion, a P/E ratio of 25.59 and a beta of 1.05. The company has a fifty day simple moving average of $201.66 and a 200 day simple moving average of $197.87. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $205.65.

About iShares MSCI USA Quality Factor ETF

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.