iShares MSCI USA Quality Factor ETF (BATS:QUAL) is Connecticut Wealth Management LLC’s Largest Position

Connecticut Wealth Management LLC raised its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.0% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,527,665 shares of the company’s stock after buying an additional 14,511 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 13.4% of Connecticut Wealth Management LLC’s portfolio, making the stock its largest position. Connecticut Wealth Management LLC owned 0.58% of iShares MSCI USA Quality Factor ETF worth $251,072,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in QUAL. VisionPoint Advisory Group LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $25,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth $28,000. Thompson Investment Management Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $34,000. MCF Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the first quarter valued at $37,000. Finally, City State Bank lifted its position in iShares MSCI USA Quality Factor ETF by 123.7% in the first quarter. City State Bank now owns 255 shares of the company’s stock valued at $42,000 after acquiring an additional 141 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.7 %

QUAL traded up $1.20 on Friday, reaching $173.41. The company had a trading volume of 976,678 shares. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The stock has a market capitalization of $45.76 billion, a PE ratio of 23.03 and a beta of 1.03. The stock has a 50-day moving average price of $167.01 and a 200-day moving average price of $159.90.

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.