Sutton Place Investors LLC Increases Position in iShares MSCI USA Quality Factor ETF $QUAL

Sutton Place Investors LLC lifted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.0% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,457 shares of the company’s stock after buying an additional 668 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 1.9% of Sutton Place Investors LLC’s portfolio, making the stock its 12th biggest holding. Sutton Place Investors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,192,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cullen Frost Bankers Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 84.2% in the 1st quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock worth $30,000 after buying an additional 80 shares during the last quarter. CX Institutional boosted 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 buying an additional 123 shares during the last quarter. Legacy Wealth Managment LLC ID purchased a new position in iShares MSCI USA Quality Factor ETF in the first quarter valued at approximately $37,000. BankPlus Trust Department lifted its stake in iShares MSCI USA Quality Factor ETF by 58.4% in the first quarter. BankPlus Trust Department now owns 244 shares of the company’s stock valued at $42,000 after purchasing an additional 90 shares during the last quarter. Finally, Cheviot Value Management LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the first quarter valued at approximately $43,000.

iShares MSCI USA Quality Factor ETF Trading Up 11.2%

iShares MSCI USA Quality Factor ETF stock opened at $196.47 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 business’s 50 day simple moving average is $189.31 and its 200 day simple moving average is $179.63. The company has a market cap of $56.97 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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.