iShares MSCI USA Quality Factor ETF $QUAL is M1 Capital Management LLC’s 7th Largest Position

M1 Capital Management LLC cut its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 46,219 shares of the company’s stock after selling 3,011 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 3.8% of M1 Capital Management LLC’s portfolio, making the stock its 7th biggest position. M1 Capital Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,180,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. WealthBridge Capital Management LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 3.7% during the fourth quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock worth $277,000 after acquiring an additional 50 shares during the last quarter. Empire Life Investments Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 0.8% during the fourth quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock worth $1,222,000 after acquiring an additional 50 shares during the last quarter. Tompkins Financial Corp grew its position in shares of iShares MSCI USA Quality Factor ETF by 17.8% during the fourth quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock worth $68,000 after acquiring an additional 52 shares during the last quarter. First Command Advisory Services Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 16.5% during the fourth quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock worth $74,000 after acquiring an additional 53 shares during the last quarter. Finally, Members Trust Co grew its position in shares of iShares MSCI USA Quality Factor ETF by 4.3% during the third quarter. Members Trust Co now owns 1,384 shares of the company’s stock worth $269,000 after acquiring an additional 57 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.5%

QUAL stock opened at $216.91 on Friday. The company has a market capitalization of $62.89 billion, a P/E ratio of 25.59 and a beta of 1.05. The company has a 50-day simple moving average of $208.62 and a 200 day simple moving average of $202.94. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $175.20 and a fifty-two week high of $217.65.

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.