Kingsview Wealth Management LLC Sells 17,295 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Kingsview Wealth Management LLC decreased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 74.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 5,988 shares of the company’s stock after selling 17,295 shares during the period. Kingsview Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,066,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Apollon Wealth Management LLC grew its position in iShares MSCI USA Quality Factor ETF by 747.7% during the 4th quarter. Apollon Wealth Management LLC now owns 199,753 shares of the company’s stock worth $35,572,000 after acquiring an additional 176,188 shares during the last quarter. Apollon Financial LLC grew its position in iShares MSCI USA Quality Factor ETF by 16.3% during the 4th quarter. Apollon Financial LLC now owns 24,310 shares of the company’s stock worth $4,329,000 after acquiring an additional 3,410 shares during the last quarter. Realta Investment Advisors grew its position in iShares MSCI USA Quality Factor ETF by 83.4% during the 4th quarter. Realta Investment Advisors now owns 587 shares of the company’s stock worth $105,000 after acquiring an additional 267 shares during the last quarter. Golden State Wealth Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth $4,327,000. Finally, Gilliland Jeter Wealth Management LLC grew its position in iShares MSCI USA Quality Factor ETF by 31.7% during the 4th quarter. Gilliland Jeter Wealth Management LLC now owns 3,219 shares of the company’s stock worth $573,000 after acquiring an additional 774 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 4.4 %

Shares of QUAL stock opened at $184.38 on Wednesday. The firm has a market capitalization of $48.66 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The stock’s fifty day simple moving average is $181.90 and its 200 day simple moving average is $179.03.

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.