Cornerstone Wealth Management LLC Has $3.57 Million Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Cornerstone Wealth Management LLC lowered its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,698 shares of the company’s stock after selling 127 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,566,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of QUAL. O Shaughnessy Asset Management LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 29.1% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 8,698 shares of the company’s stock valued at $1,146,000 after purchasing an additional 1,962 shares in the last quarter. Trexquant Investment LP bought a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $965,000. Truist Financial Corp lifted its stake in iShares MSCI USA Quality Factor ETF by 19.4% in the third quarter. Truist Financial Corp now owns 210,982 shares of the company’s stock valued at $27,805,000 after buying an additional 34,322 shares in the last quarter. Axxcess Wealth Management LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at approximately $1,046,000. Finally, Ameriprise Financial Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 12.1% during the third quarter. Ameriprise Financial Inc. now owns 3,226,172 shares of the company’s stock worth $425,287,000 after acquiring an additional 349,044 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 0.4 %

Shares of BATS:QUAL traded up $0.75 during midday trading on Thursday, reaching $172.21. 674,073 shares of the company were exchanged. The firm has a market cap of $45.45 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The stock has a fifty day simple moving average of $166.42 and a two-hundred day simple moving average of $159.55.

About iShares MSCI USA Quality Factor ETF

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.