Park Place Capital Corp Trims Stake in iShares MSCI USA Quality Factor ETF $QUAL

Park Place Capital Corp lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.7% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 637 shares of the company’s stock after selling 61 shares during the period. Park Place Capital Corp’s holdings in iShares MSCI USA Quality Factor ETF were worth $117,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Global Financial Private Client LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 0.6% in the second quarter. Global Financial Private Client LLC now owns 10,696 shares of the company’s stock worth $1,955,000 after purchasing an additional 60 shares during the period. Acorn Wealth Advisors LLC lifted its position in iShares MSCI USA Quality Factor ETF by 0.4% during the first quarter. Acorn Wealth Advisors LLC now owns 14,431 shares of the company’s stock valued at $2,466,000 after purchasing an additional 62 shares during the period. Citizens National Bank Trust Department lifted its position in iShares MSCI USA Quality Factor ETF by 2.6% during the first quarter. Citizens National Bank Trust Department now owns 2,606 shares of the company’s stock valued at $445,000 after purchasing an additional 66 shares during the period. KMG Fiduciary Partners LLC raised its position in iShares MSCI USA Quality Factor ETF by 5.4% in the first quarter. KMG Fiduciary Partners LLC now owns 1,374 shares of the company’s stock worth $235,000 after acquiring an additional 70 shares during the period. Finally, Quest 10 Wealth Builders Inc. raised its position in iShares MSCI USA Quality Factor ETF by 7.1% in the first quarter. Quest 10 Wealth Builders Inc. now owns 1,051 shares of the company’s stock worth $180,000 after acquiring an additional 70 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $194.52 on Wednesday. The firm has a fifty day moving average price of $188.71 and a 200-day moving average price of $179.19. The stock has a market cap of $56.40 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26.

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.