Exencial Wealth Advisors LLC Decreases Stake in iShares MSCI USA Quality Factor ETF $QUAL

Exencial Wealth Advisors LLC cut its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,892 shares of the company’s stock after selling 916 shares during the period. Exencial Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,991,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Keener Financial Planning LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter valued at approximately $29,000. Cullen Frost Bankers Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 84.2% during the first quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock valued at $30,000 after buying an additional 80 shares during the period. CX Institutional increased its stake in shares of 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 buying an additional 123 shares during the period. Legacy Wealth Managment LLC ID purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter valued at approximately $37,000. Finally, BankPlus Trust Department increased its stake in shares of iShares MSCI USA Quality Factor ETF by 58.4% during the first quarter. BankPlus Trust Department now owns 244 shares of the company’s stock valued at $42,000 after buying an additional 90 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $194.79 on Thursday. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26. The stock has a market capitalization of $56.48 billion, a PE ratio of 25.59 and a beta of 1.05. The stock’s 50 day moving average price is $191.66 and its 200-day moving average price is $181.84.

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.