W.H. Cornerstone Investments Inc. Has $1.50 Million Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

W.H. Cornerstone Investments Inc. decreased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 31.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 10,220 shares of the company’s stock after selling 4,640 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 1.2% of W.H. Cornerstone Investments Inc.’s holdings, making the stock its 16th largest position. W.H. Cornerstone Investments Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,504,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Pasadena Private Wealth LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 1.8% during the fourth quarter. Pasadena Private Wealth LLC now owns 4,443 shares of the company’s stock worth $654,000 after buying an additional 77 shares in the last quarter. Annandale Capital LLC boosted its position in iShares MSCI USA Quality Factor ETF by 0.3% in the third quarter. Annandale Capital LLC now owns 26,866 shares of the company’s stock worth $3,541,000 after purchasing an additional 78 shares during the last quarter. Smart Money Group LLC grew its stake in iShares MSCI USA Quality Factor ETF by 0.6% in the 4th quarter. Smart Money Group LLC now owns 13,934 shares of the company’s stock valued at $2,050,000 after purchasing an additional 83 shares during the period. Keystone Wealth Services LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 0.3% during the 4th quarter. Keystone Wealth Services LLC now owns 28,894 shares of the company’s stock worth $4,251,000 after purchasing an additional 92 shares during the period. Finally, Ferguson Wellman Capital Management Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 3.3% during the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 3,036 shares of the company’s stock worth $447,000 after purchasing an additional 97 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 1.2 %

QUAL traded up $1.82 during trading on Friday, hitting $159.19. 1,411,118 shares of the company traded hands. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The stock’s fifty day moving average is $160.94 and its 200 day moving average is $150.68. The firm has a market cap of $42.01 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.