Trinity Wealth Management LLC Boosts Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Trinity Wealth Management LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.7% in the 3rd quarter, Holdings Channel.com reports. The fund owned 94,965 shares of the company’s stock after purchasing an additional 1,626 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 7.8% of Trinity Wealth Management LLC’s holdings, making the stock its 3rd biggest holding. Trinity Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $17,027,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 3.6% in the third quarter. GAMMA Investing LLC now owns 1,670 shares of the company’s stock valued at $299,000 after acquiring an additional 58 shares during the last quarter. Carnegie Investment Counsel boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 0.5% in the 2nd quarter. Carnegie Investment Counsel now owns 11,675 shares of the company’s stock valued at $1,994,000 after purchasing an additional 61 shares during the last quarter. Procyon Advisors LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.7% in the 3rd quarter. Procyon Advisors LLC now owns 1,354 shares of the company’s stock valued at $243,000 after purchasing an additional 61 shares during the last quarter. Bristlecone Advisors LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 0.4% during the second quarter. Bristlecone Advisors LLC now owns 17,056 shares of the company’s stock worth $2,912,000 after buying an additional 63 shares during the period. Finally, NBC Securities Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 27.2% during the first quarter. NBC Securities Inc. now owns 309 shares of the company’s stock worth $51,000 after buying an additional 66 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.4 %

QUAL traded up $0.81 during trading on Friday, reaching $182.42. 558,195 shares of the stock traded hands. The stock’s 50-day moving average is $177.09 and its 200 day moving average is $170.15. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The stock has a market capitalization of $48.14 billion, a PE ratio of 23.03 and a beta of 1.03.

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.