Essex Financial Services Inc. Lowers Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Essex Financial Services Inc. decreased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,355 shares of the company’s stock after selling 415 shares during the period. Essex Financial Services Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,844,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in QUAL. Signaturefd LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 46.3% during the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock valued at $129,000 after buying an additional 227 shares in the last quarter. CreativeOne Wealth LLC raised its position in iShares MSCI USA Quality Factor ETF by 43.4% during the third quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock valued at $45,294,000 after purchasing an additional 76,472 shares in the last quarter. Midwest Heritage Bank FSB lifted its stake in iShares MSCI USA Quality Factor ETF by 1.7% during the third quarter. Midwest Heritage Bank FSB now owns 11,574 shares of the company’s stock worth $2,075,000 after purchasing an additional 199 shares during the last quarter. Armstrong Advisory Group Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 28.3% during the third quarter. Armstrong Advisory Group Inc. now owns 671 shares of the company’s stock worth $120,000 after purchasing an additional 148 shares during the last quarter. Finally, Spectrum Planning & Advisory Services Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.4% in the 3rd quarter. Spectrum Planning & Advisory Services Inc. now owns 40,398 shares of the company’s stock worth $7,243,000 after purchasing an additional 2,768 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 4.4 %

Shares of BATS QUAL opened at $184.38 on Wednesday. The stock’s 50-day moving average is $181.90 and its 200 day moving average is $179.03. The stock has a market cap of $48.66 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63.

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.