Cypress Wealth Services LLC Has $16.47 Million Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Cypress Wealth Services LLC reduced its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,203 shares of the company’s stock after selling 7,356 shares during the period. iShares MSCI USA Quality Factor ETF makes up 3.8% of Cypress Wealth Services LLC’s portfolio, making the stock its 4th biggest holding. Cypress Wealth Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $16,468,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in QUAL. 180 Wealth Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the first quarter worth approximately $232,000. Client First Capital LLC grew its stake in iShares MSCI USA Quality Factor ETF by 37.8% in the 1st quarter. Client First Capital LLC now owns 74,650 shares of the company’s stock worth $12,269,000 after buying an additional 20,474 shares in the last quarter. Thrive Wealth Management LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 11.4% in the 1st quarter. Thrive Wealth Management LLC now owns 12,923 shares of the company’s stock worth $2,124,000 after buying an additional 1,319 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 326,151 shares of the company’s stock worth $53,603,000 after buying an additional 3,043 shares during the last quarter. Finally, Mosley Wealth Management raised its position in shares of iShares MSCI USA Quality Factor ETF by 0.9% during the 1st quarter. Mosley Wealth Management now owns 15,834 shares of the company’s stock valued at $2,602,000 after buying an additional 148 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.1 %

BATS:QUAL traded down $0.10 during midday trading on Friday, hitting $171.74. The company had a trading volume of 1,607,028 shares. The stock’s fifty day moving average price is $165.24 and its 200-day moving average price is $158.74. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The company has a market capitalization of $45.32 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.