iShares MSCI USA Quality Factor ETF $QUAL is Blue Trust Inc.’s 3rd Largest Position

Blue Trust Inc. lessened its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.3% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 2,694,660 shares of the company’s stock after selling 7,094 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 5.9% of Blue Trust Inc.’s investment portfolio, making the stock its 3rd largest position. Blue Trust Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $516,863,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in QUAL. Coldstream Capital Management Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 132.4% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,044,546 shares of the company’s stock valued at $203,164,000 after acquiring an additional 595,017 shares during the last quarter. Cassilly Financial Group LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth about $1,348,000. Aspen Wealth Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 2.6% in the 4th quarter. Aspen Wealth Management LLC now owns 228,882 shares of the company’s stock worth $45,461,000 after purchasing an additional 5,878 shares during the last quarter. Liberty Wealth Management LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 2.0% in the 4th quarter. Liberty Wealth Management LLC now owns 159,312 shares of the company’s stock valued at $31,622,000 after purchasing an additional 3,188 shares in the last quarter. Finally, Stillwater Wealth Management Group acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $4,859,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $213.19 on Thursday. The company has a market capitalization of $61.81 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a one year low of $179.01 and a one year high of $219.82. The stock has a 50-day simple moving average of $211.65 and a 200 day simple moving average of $204.01.

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.