Stonehearth Capital Management LLC Cuts Position in iShares MSCI USA Quality Factor ETF $QUAL

Stonehearth Capital Management LLC lessened its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,657 shares of the company’s stock after selling 1,724 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 3.9% of Stonehearth Capital Management LLC’s investment portfolio, making the stock its 9th biggest holding. Stonehearth Capital Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,444,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Envestnet Asset Management Inc. raised its position in iShares MSCI USA Quality Factor ETF by 9.3% during the first quarter. Envestnet Asset Management Inc. now owns 31,853,469 shares of the company’s stock worth $5,443,439,000 after acquiring an additional 2,711,718 shares in the last quarter. LPL Financial LLC raised its position in iShares MSCI USA Quality Factor ETF by 7.8% during the first quarter. LPL Financial LLC now owns 18,186,643 shares of the company’s stock worth $3,107,915,000 after acquiring an additional 1,318,823 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd raised its position in iShares MSCI USA Quality Factor ETF by 2,898.7% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 7,622,243 shares of the company’s stock worth $1,302,565,000 after acquiring an additional 7,368,058 shares in the last quarter. JPMorgan Chase & Co. raised its position in iShares MSCI USA Quality Factor ETF by 5.8% during the first quarter. JPMorgan Chase & Co. now owns 6,961,450 shares of the company’s stock worth $1,189,642,000 after acquiring an additional 380,904 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in iShares MSCI USA Quality Factor ETF by 6.7% during the first quarter. Ameriprise Financial Inc. now owns 5,143,391 shares of the company’s stock worth $878,890,000 after acquiring an additional 324,478 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 8.1%

BATS QUAL opened at $190.93 on Friday. The firm’s fifty day moving average price is $186.71 and its two-hundred day moving average price is $177.90. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The firm has a market capitalization of $55.36 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.