Short Interest in iShares MSCI USA Quality Factor ETF (BATS:QUAL) Decreases By 83.1%

iShares MSCI USA Quality Factor ETF (BATS:QUAL) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 640,514 shares, a drop of 83.1% from the May 31st total of 3,798,075 shares. Based on an average daily volume of 1,738,169 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are short sold.

iShares MSCI USA Quality Factor ETF Trading Up 0.2%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $213.66 on Friday. The company has a market capitalization of $61.95 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock has a fifty day simple moving average of $212.03 and a 200 day simple moving average of $204.17. iShares MSCI USA Quality Factor ETF has a 12-month low of $180.66 and a 12-month high of $219.82.

Institutional Trading of iShares MSCI USA Quality Factor ETF

Several institutional investors have recently made changes to their positions in the company. Brighton Jones LLC grew its position in iShares MSCI USA Quality Factor ETF by 25.3% in the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after purchasing an additional 2,023 shares in the last quarter. Heck Capital Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter worth approximately $81,990,000. Bison Wealth LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 21.6% in the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after buying an additional 3,383 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 45.5% in the first quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after acquiring an additional 6,152 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 88.9% during the first quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock valued at $22,591,000 after acquiring an additional 62,219 shares during the last quarter.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.