Ferguson Wellman Capital Management Inc. Decreases Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Ferguson Wellman Capital Management Inc. lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.1% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,942 shares of the company’s stock after selling 94 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $484,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Mather Group LLC. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.1% in the 1st quarter. Mather Group LLC. now owns 5,160 shares of the company’s stock valued at $848,000 after buying an additional 201 shares during the period. Hoese & Co LLP lifted its stake in iShares MSCI USA Quality Factor ETF by 4.4% during the first quarter. Hoese & Co LLP now owns 45,216 shares of the company’s stock worth $7,247,000 after purchasing an additional 1,912 shares during the last quarter. Atlas Brown Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 14.6% during the first quarter. Atlas Brown Inc. now owns 2,071 shares of the company’s stock worth $340,000 after purchasing an additional 264 shares during the last quarter. Beese Fulmer Investment Management Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the first quarter worth approximately $296,000. Finally, GAMMA Investing LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 33.6% during the first quarter. GAMMA Investing LLC now owns 1,165 shares of the company’s stock worth $191,000 after purchasing an additional 293 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.5 %

QUAL stock opened at $172.40 on Friday. The business has a 50 day moving average price of $163.87 and a 200 day moving average price of $157.69. The stock has a market cap of $45.50 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63.

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.