iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Pinnacle Wealth Management Group Inc.

Pinnacle Wealth Management Group Inc. decreased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 13.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,737 shares of the company’s stock after selling 259 shares during the quarter. Pinnacle Wealth Management Group Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $318,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of QUAL. Keener Financial Planning LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the second quarter worth about $29,000. Cullen Frost Bankers Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 84.2% during the 1st quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock valued at $30,000 after buying an additional 80 shares during the period. Legacy Wealth Managment LLC ID bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter worth about $37,000. CX Institutional lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 151.9% in the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after acquiring an additional 123 shares during the period. Finally, BankPlus Trust Department lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 58.4% in the 1st quarter. BankPlus Trust Department now owns 244 shares of the company’s stock worth $42,000 after acquiring an additional 90 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

iShares MSCI USA Quality Factor ETF stock opened at $196.89 on Friday. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26. The stock has a market capitalization of $57.09 billion, a PE ratio of 25.59 and a beta of 1.05. The firm has a 50 day simple moving average of $191.99 and a 200-day simple moving average of $182.43.

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.