Ackerman Capital Advisors LLC Sells 332 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Ackerman Capital Advisors LLC trimmed its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.2% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,573 shares of the company’s stock after selling 332 shares during the period. Ackerman Capital Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,384,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Flow Traders U.S. LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 412.9% in the 1st quarter. Flow Traders U.S. LLC now owns 64,002 shares of the company’s stock valued at $10,937,000 after buying an additional 51,524 shares during the last quarter. Etesian Wealth Advisors Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 9.9% in the 2nd quarter. Etesian Wealth Advisors Inc. now owns 4,648 shares of the company’s stock valued at $850,000 after buying an additional 417 shares during the last quarter. SlateStone Wealth LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 12.4% in the 1st quarter. SlateStone Wealth LLC now owns 157,313 shares of the company’s stock valued at $26,883,000 after buying an additional 17,337 shares during the last quarter. Delap Wealth Advisory LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 1st quarter valued at approximately $385,000. Finally, Elevate Wealth Advisory Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.1% during the 1st quarter. Elevate Wealth Advisory Inc. now owns 2,928 shares of the company’s stock worth $500,000 after purchasing an additional 115 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 8.1%

Shares of BATS:QUAL opened at $190.99 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 $55.38 billion, a PE ratio of 25.59 and a beta of 1.05. The business’s 50 day moving average is $190.33 and its 200-day moving average is $180.41.

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.