ProVise Management Group LLC Has $226,000 Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

ProVise Management Group LLC decreased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 25.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,321 shares of the company’s stock after selling 461 shares during the period. ProVise Management Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $226,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Provident Investment Management Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 5.8% during the 2nd quarter. Provident Investment Management Inc. now owns 11,142 shares of the company’s stock worth $1,903,000 after acquiring an additional 614 shares during the last quarter. American Trust acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $21,979,000. Relative Value Partners Group LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 24.9% in the fourth quarter. Relative Value Partners Group LLC now owns 22,776 shares of the company’s stock valued at $3,351,000 after purchasing an additional 4,547 shares in the last quarter. Cetera Advisor Networks LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 8.3% in the fourth quarter. Cetera Advisor Networks LLC now owns 476,934 shares of the company’s stock valued at $70,176,000 after purchasing an additional 36,469 shares in the last quarter. Finally, Scarborough Advisors LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 1,460.0% in the fourth quarter. Scarborough Advisors LLC now owns 973,510 shares of the company’s stock valued at $143,242,000 after acquiring an additional 911,104 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $178.40 on Friday. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The stock has a market cap of $47.08 billion, a PE ratio of 23.03 and a beta of 1.03. The firm’s 50 day moving average price is $172.96 and its two-hundred day moving average price is $167.78.

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.