Stonehearth Capital Management LLC Reduces Stake in iShares MSCI USA Quality Factor ETF $QUAL

Stonehearth Capital Management LLC cut its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,657 shares of the company’s stock after selling 1,724 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 3.9% of Stonehearth Capital Management LLC’s investment portfolio, making the stock its 9th largest holding. Stonehearth Capital Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,444,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Cullen Frost Bankers Inc. raised its position in shares of iShares MSCI USA Quality Factor ETF by 84.2% in the first quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock valued at $30,000 after purchasing an additional 80 shares during the period. Mascagni Wealth Management Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $36,000. Legacy Wealth Managment LLC ID bought a new position in shares of iShares MSCI USA Quality Factor ETF in the first quarter valued at about $37,000. BankPlus Trust Department raised its position in shares of iShares MSCI USA Quality Factor ETF by 58.4% in the first quarter. BankPlus Trust Department now owns 244 shares of the company’s stock valued at $42,000 after purchasing an additional 90 shares during the period. Finally, Cheviot Value Management LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the first quarter valued at about $43,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $190.93 on Friday. The firm has a market capitalization of $55.36 billion, a PE ratio of 25.59 and a beta of 1.05. The company’s 50-day moving average is $186.71 and its 200-day moving average is $177.90. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week 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.