iShares MSCI USA Quality Factor ETF $QUAL Stock Position Reduced by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC lowered its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 31.5% during the 2nd quarter, Holdings Channel reports. The firm owned 202,521 shares of the company’s stock after selling 93,202 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 1.9% of Ameritas Advisory Services LLC’s holdings, making the stock its 8th biggest position. Ameritas Advisory Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $37,025,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of QUAL. Cullen Frost Bankers Inc. raised its position in shares of 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 valued at $30,000 after buying an additional 80 shares in the last quarter. CX Institutional raised its position in 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 purchasing an additional 123 shares during the period. Legacy Wealth Managment LLC ID purchased a new stake in iShares MSCI USA Quality Factor ETF in the 1st quarter worth about $37,000. BankPlus Trust Department raised its position in iShares MSCI USA Quality Factor ETF by 58.4% in the 1st quarter. BankPlus Trust Department now owns 244 shares of the company’s stock worth $42,000 after purchasing an additional 90 shares during the period. Finally, Cheviot Value Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 1st quarter worth about $43,000.

iShares MSCI USA Quality Factor ETF Price Performance

iShares MSCI USA Quality Factor ETF stock opened at $196.36 on Friday. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26. The firm has a market capitalization of $56.93 billion, a P/E ratio of 25.59 and a beta of 1.05. The company’s 50-day moving average is $189.11 and its 200 day moving average is $179.47.

iShares MSCI USA Quality Factor ETF Company 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.