Accredited Wealth Management LLC Cuts Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Accredited Wealth Management LLC lowered its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 30.5% in the first quarter, Holdings Channel reports. The institutional investor owned 820 shares of the company’s stock after selling 360 shares during the period. Accredited Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $140,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in QUAL. Elevate Wealth Advisory Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 4.1% during the 1st quarter. Elevate Wealth Advisory Inc. now owns 2,928 shares of the company’s stock worth $500,000 after buying an additional 115 shares in the last quarter. Dorsey & Whitney Trust CO LLC raised its position in iShares MSCI USA Quality Factor ETF by 7.2% in the first quarter. Dorsey & Whitney Trust CO LLC now owns 53,540 shares of the company’s stock worth $9,149,000 after acquiring an additional 3,608 shares in the last quarter. Capital Analysts LLC raised its position in iShares MSCI USA Quality Factor ETF by 28.8% in the first quarter. Capital Analysts LLC now owns 51,248 shares of the company’s stock worth $8,758,000 after acquiring an additional 11,459 shares in the last quarter. Vertex Planning Partners LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 14.6% in the first quarter. Vertex Planning Partners LLC now owns 24,647 shares of the company’s stock valued at $4,212,000 after acquiring an additional 3,144 shares during the period. Finally, JT Stratford LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 35.3% during the 1st quarter. JT Stratford LLC now owns 8,926 shares of the company’s stock worth $1,525,000 after purchasing an additional 2,331 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 5.9%

BATS:QUAL opened at $187.1280 on Thursday. The firm’s fifty day simple moving average is $183.61 and its 200-day simple moving average is $177.23. The stock has a market cap of $54.26 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.3401 and a fifty-two week high of $187.26.

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.