MA Private Wealth lowered its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 32.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 168,419 shares of the company’s stock after selling 81,962 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 5.5% of MA Private Wealth’s holdings, making the stock its 5th biggest position. MA Private Wealth’s holdings in iShares MSCI USA Quality Factor ETF were worth $30,790,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Cullen Frost Bankers Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 84.2% in the first quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock worth $30,000 after buying an additional 80 shares during the last quarter. CX Institutional lifted its position in shares of iShares MSCI USA Quality Factor ETF by 151.9% in the second quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after buying an additional 123 shares during the last quarter. Legacy Wealth Managment LLC ID acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter worth about $37,000. BankPlus Trust Department lifted its position in shares of iShares MSCI USA Quality Factor ETF by 58.4% in the first quarter. BankPlus Trust Department now owns 244 shares of the company’s stock worth $42,000 after buying an additional 90 shares during the last quarter. Finally, Cheviot Value Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter worth about $43,000.
iShares MSCI USA Quality Factor ETF Price Performance
Shares of BATS:QUAL opened at $195.62 on Friday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26. The business has a 50-day moving average of $190.16 and a two-hundred day moving average of $180.30. The stock has a market capitalization of $56.72 billion, a P/E ratio of 25.59 and a beta of 1.05.
iShares MSCI USA Quality Factor ETF 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.
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