TIAA Trust National Association Cuts Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

TIAA Trust National Association lowered its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 16.6% in the second quarter, Holdings Channel.com reports. The fund owned 434,712 shares of the company’s stock after selling 86,581 shares during the quarter. TIAA Trust National Association’s holdings in iShares MSCI USA Quality Factor ETF were worth $79,474,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Keener Financial Planning LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $29,000. Cullen Frost Bankers Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 84.2% during the 1st quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock worth $30,000 after purchasing an additional 80 shares during the last quarter. CX Institutional boosted its stake in iShares MSCI USA Quality Factor ETF by 151.9% during the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after purchasing an additional 123 shares during the last quarter. Legacy Wealth Managment LLC ID purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth $37,000. Finally, BankPlus Trust Department raised its position in shares of 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 buying an additional 90 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 11.2%

BATS:QUAL opened at $196.35 on Friday. The company has a market cap of $56.93 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The company’s 50-day moving average price is $193.01 and its 200-day moving average price is $183.94.

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.