Apollon Wealth Management LLC Trims Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Apollon Wealth Management LLC cut its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 57.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,920 shares of the company’s stock after selling 28,331 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,572,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Millington Financial Advisors LLC increased its position in iShares MSCI USA Quality Factor ETF by 1.5% during the fourth quarter. Millington Financial Advisors LLC now owns 19,461 shares of the company’s stock worth $2,863,000 after buying an additional 296 shares in the last quarter. Mather Group LLC. raised its stake in iShares MSCI USA Quality Factor ETF by 111.8% in the 4th quarter. Mather Group LLC. now owns 4,959 shares of the company’s stock valued at $730,000 after purchasing an additional 2,618 shares during the last quarter. Spire Wealth Management raised its stake in iShares MSCI USA Quality Factor ETF by 4.7% in the 4th quarter. Spire Wealth Management now owns 93,564 shares of the company’s stock valued at $14,110,000 after purchasing an additional 4,236 shares during the last quarter. Wade Financial Advisory Inc lifted its holdings in iShares MSCI USA Quality Factor ETF by 5.4% in the 4th quarter. Wade Financial Advisory Inc now owns 102,026 shares of the company’s stock valued at $15,012,000 after purchasing an additional 5,258 shares in the last quarter. Finally, Heritage Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $392,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $175.91 on Tuesday. The firm has a market cap of $46.42 billion, a PE ratio of 23.03 and a beta of 1.03. The firm has a 50 day simple moving average of $171.15 and a 200-day simple moving average of $164.88. 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.