Stonebrook Private Inc. Reduces Stake in iShares MSCI USA Quality Factor ETF $QUAL

Stonebrook Private Inc. decreased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.4% during the second quarter, HoldingsChannel reports. The firm owned 134,311 shares of the company’s stock after selling 530 shares during the period. iShares MSCI USA Quality Factor ETF comprises 5.7% of Stonebrook Private Inc.’s portfolio, making the stock its 2nd largest holding. Stonebrook Private Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $24,445,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Keener Financial Planning LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the second quarter valued at approximately $29,000. Legacy Wealth Managment LLC ID bought a new stake in iShares MSCI USA Quality Factor ETF during the 1st quarter valued at $37,000. CX Institutional boosted its position 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 valued at $37,000 after acquiring an additional 123 shares in the last quarter. Legacy Investment Solutions LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $40,000. Finally, Cheviot Value Management LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter worth $43,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL stock opened at $191.11 on Wednesday. The stock’s 50-day moving average is $194.29 and its 200 day moving average is $186.53. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26. The company has a market cap of $55.41 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.