iShares MSCI USA Quality Factor ETF $QUAL Stock Holdings Trimmed by Forte Asset Management LLC

Forte Asset Management LLC lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 59,780 shares of the company’s stock after selling 2,596 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 5.6% of Forte Asset Management LLC’s portfolio, making the stock its 2nd biggest holding. Forte Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,929,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Keener Financial Planning LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $29,000. Cullen Frost Bankers Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 84.2% in the 1st quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock valued at $30,000 after acquiring an additional 80 shares during the period. Legacy Wealth Managment LLC ID purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter valued at $37,000. CX Institutional raised its stake in shares of iShares MSCI USA Quality Factor ETF by 151.9% in the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after acquiring an additional 123 shares during the period. Finally, BankPlus Trust Department raised its stake in shares of 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 valued at $42,000 after acquiring an additional 90 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 11.5%

Shares of QUAL stock opened at $196.89 on Friday. The company’s fifty day simple moving average is $191.99 and its 200-day simple moving average is $182.64. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26. The company has a market cap of $57.09 billion, a PE 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.