ERn Financial LLC Decreases Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

ERn Financial LLC trimmed its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 64,608 shares of the company’s stock after selling 466 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 1.8% of ERn Financial LLC’s holdings, making the stock its 13th largest holding. ERn Financial LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $11,584,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. NBC Securities Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 27.2% in the first quarter. NBC Securities Inc. now owns 309 shares of the company’s stock valued at $51,000 after acquiring an additional 66 shares during the period. GAMMA Investing LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 33.6% during the 1st quarter. GAMMA Investing LLC now owns 1,165 shares of the company’s stock valued at $191,000 after purchasing an additional 293 shares during the last quarter. Beese Fulmer Investment Management Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter worth approximately $296,000. Atlas Brown Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 14.6% in the first quarter. Atlas Brown Inc. now owns 2,071 shares of the company’s stock worth $340,000 after buying an additional 264 shares during the last quarter. Finally, Mather Group LLC. grew its position in iShares MSCI USA Quality Factor ETF by 4.1% during the first quarter. Mather Group LLC. now owns 5,160 shares of the company’s stock valued at $848,000 after buying an additional 201 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Down 1.2 %

QUAL opened at $180.94 on Wednesday. The firm’s 50 day simple moving average is $176.14 and its two-hundred day simple moving average is $169.80. The company has a market capitalization of $47.75 billion, a PE 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 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.