Mcmorgan & Co. LLC cut its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 4.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 111,785 shares of the company’s stock after selling 4,989 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 3.7% of Mcmorgan & Co. LLC’s holdings, making the stock its 10th largest holding. Mcmorgan & Co. LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $24,529,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently bought and sold shares of QUAL. Advocate Investing Services LLC bought a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $25,000. Resources Management Corp CT ADV purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $27,000. Financial Life Planners purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter worth about $28,000. Cornerstone Financial Management LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $30,000. Finally, Godsey & Gibb Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 69.8% during the 1st quarter. Godsey & Gibb Inc. now owns 163 shares of the company’s stock valued at $31,000 after purchasing an additional 67 shares during the last quarter.
iShares MSCI USA Quality Factor ETF Price Performance
iShares MSCI USA Quality Factor ETF stock opened at $223.62 on Friday. iShares MSCI USA Quality Factor ETF has a 1-year low of $185.88 and a 1-year high of $227.32. The firm has a market capitalization of $64.84 billion, a P/E ratio of 25.59 and a beta of 1.05. The company’s 50-day moving average is $220.28 and its 200 day moving average is $210.38.
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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.
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