Watts Gwilliam & Co. LLC Decreases Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Watts Gwilliam & Co. LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.8% in the second quarter, Holdings Channel reports. The firm owned 64,553 shares of the company’s stock after selling 3,243 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 2.1% of Watts Gwilliam & Co. LLC’s investment portfolio, making the stock its 8th largest position. Watts Gwilliam & Co. LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $12,396,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Keener Financial Planning LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at approximately $29,000. CoreFirst Bank & Trust bought a new position in iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $33,000. CX Institutional raised its position in iShares MSCI USA Quality Factor ETF by 151.9% during the second quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after purchasing an additional 123 shares in the last quarter. Legacy Wealth Managment LLC ID bought a new stake in iShares MSCI USA Quality Factor ETF during the first quarter worth $37,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $40,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $199.47 on Monday. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26. The firm has a market cap of $57.84 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The business’s fifty day moving average is $195.81 and its 200-day moving average is $189.28.

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.