SWP Financial LLC Has $10.11 Million Stake in iShares MSCI USA Quality Factor ETF $QUAL

SWP Financial LLC cut its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 51,943 shares of the company’s stock after selling 3,379 shares during the period. iShares MSCI USA Quality Factor ETF comprises 5.1% of SWP Financial LLC’s portfolio, making the stock its 6th biggest position. SWP Financial LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,110,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Almanack Investment Partners LLC. lifted its holdings in iShares MSCI USA Quality Factor ETF by 0.4% during the third quarter. Almanack Investment Partners LLC. now owns 13,062 shares of the company’s stock worth $2,541,000 after buying an additional 52 shares during the period. Galvin Gaustad & Stein LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.6% during the second quarter. Galvin Gaustad & Stein LLC now owns 2,095 shares of the company’s stock valued at $383,000 after acquiring an additional 54 shares in the last quarter. Cape Investment Advisory Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.3% during the second quarter. Cape Investment Advisory Inc. now owns 2,517 shares of the company’s stock valued at $460,000 after acquiring an additional 57 shares in the last quarter. Atlas Brown Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 2.0% in the 3rd quarter. Atlas Brown Inc. now owns 2,889 shares of the company’s stock valued at $562,000 after purchasing an additional 57 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 4.4% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 1,375 shares of the company’s stock worth $269,000 after purchasing an additional 58 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 14.6%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $202.40 on Friday. The firm’s 50 day simple moving average is $200.47 and its two-hundred day simple moving average is $194.23. The firm has a market capitalization of $58.69 billion, a price-to-earnings ratio of 25.59 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.