iShares MSCI USA Quality Factor ETF $QUAL Position Lessened by Shepherd Financial Partners LLC

Shepherd Financial Partners LLC reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 206,335 shares of the company’s stock after selling 8,945 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 4.0% of Shepherd Financial Partners LLC’s holdings, making the stock its 4th largest position. Shepherd Financial Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $37,722,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. Galvin Gaustad & Stein LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 2.6% in the second quarter. Galvin Gaustad & Stein LLC now owns 2,095 shares of the company’s stock worth $383,000 after purchasing an additional 54 shares in the last quarter. Global Financial Private Client LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 0.6% during the 2nd quarter. Global Financial Private Client LLC now owns 10,696 shares of the company’s stock worth $1,955,000 after acquiring an additional 60 shares in the last quarter. L. Roy Papp & Associates LLP lifted its position in iShares MSCI USA Quality Factor ETF by 2.5% during the second quarter. L. Roy Papp & Associates LLP now owns 2,461 shares of the company’s stock valued at $450,000 after acquiring an additional 60 shares during the last quarter. Benningfield Financial Advisors LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 0.8% in the second quarter. Benningfield Financial Advisors LLC now owns 7,820 shares of the company’s stock valued at $1,430,000 after acquiring an additional 65 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 0.7% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 10,631 shares of the company’s stock valued at $1,944,000 after acquiring an additional 72 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 13.1%

BATS QUAL opened at $199.72 on Friday. The firm’s fifty day simple moving average is $195.41 and its two-hundred day simple moving average is $188.29. The firm has a market capitalization of $57.91 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26.

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.