iShares MSCI USA Quality Factor ETF $QUAL is Trinity Wealth Management LLC’s 4th Largest Position

Trinity Wealth Management LLC reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 82,694 shares of the company’s stock after selling 9,553 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 5.8% of Trinity Wealth Management LLC’s investment portfolio, making the stock its 4th biggest holding. Trinity Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $18,146,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in QUAL. Advocate Investing Services LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $25,000. Resources Management Corp CT ADV purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $27,000. Financial Life Planners acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter valued at about $28,000. Ares Financial Consulting LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $30,000. Finally, Cornerstone Financial Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $30,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $224.83 on Thursday. The business’s 50-day simple moving average is $217.22 and its 200 day simple moving average is $207.81. The company has a market cap of $65.19 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a one year low of $183.28 and a one year high of $227.16.

iShares MSCI USA Quality Factor ETF 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.