Magnolia Capital Advisors LLC Reduces Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Magnolia Capital Advisors LLC cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 47,843 shares of the company’s stock after selling 2,503 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 5.4% of Magnolia Capital Advisors LLC’s portfolio, making the stock its 2nd biggest position. Magnolia Capital Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,307,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Pasadena Private Wealth LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 1.8% in the 4th quarter. Pasadena Private Wealth LLC now owns 4,443 shares of the company’s stock worth $654,000 after acquiring an additional 77 shares during the last quarter. Annandale Capital LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 0.3% during the 3rd quarter. Annandale Capital LLC now owns 26,866 shares of the company’s stock valued at $3,541,000 after acquiring an additional 78 shares during the last quarter. Keystone Wealth Services LLC boosted its position 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 valued at $4,251,000 after acquiring an additional 92 shares during the last quarter. Ferguson Wellman Capital Management Inc. boosted its position 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 valued at $447,000 after acquiring an additional 97 shares during the last quarter. Finally, Parsons Capital Management Inc. RI boosted its position in shares of iShares MSCI USA Quality Factor ETF by 1.8% during the 4th quarter. Parsons Capital Management Inc. RI now owns 5,726 shares of the company’s stock valued at $843,000 after acquiring an additional 100 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.1 %

Shares of QUAL traded down $0.13 during trading hours on Wednesday, reaching $157.54. 1,211,979 shares of the company’s stock traded hands. The stock has a market cap of $41.22 billion, a PE ratio of 23.32 and a beta of 1.04. The firm’s 50 day simple moving average is $160.92 and its 200-day simple moving average is $149.41. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63.

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.