Pasadena Private Wealth LLC Trims Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Pasadena Private Wealth LLC reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,043 shares of the company’s stock after selling 127 shares during the period. Pasadena Private Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $922,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Galvin Gaustad & Stein LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 2.6% in the 2nd quarter. Galvin Gaustad & Stein LLC now owns 2,095 shares of the company’s stock valued at $383,000 after buying an additional 54 shares during the period. Global Financial Private Client LLC grew its position in iShares MSCI USA Quality Factor ETF by 0.6% in the 2nd quarter. Global Financial Private Client LLC now owns 10,696 shares of the company’s stock valued at $1,955,000 after acquiring an additional 60 shares in the last quarter. L. Roy Papp & Associates LLP grew its position in iShares MSCI USA Quality Factor ETF by 2.5% in the 2nd quarter. L. Roy Papp & Associates LLP now owns 2,461 shares of the company’s stock valued at $450,000 after acquiring an additional 60 shares in the last quarter. Acorn Wealth Advisors LLC grew its position in iShares MSCI USA Quality Factor ETF by 0.4% in the 1st quarter. Acorn Wealth Advisors LLC now owns 14,431 shares of the company’s stock valued at $2,466,000 after acquiring an additional 62 shares in the last quarter. Finally, Citizens National Bank Trust Department grew its position in iShares MSCI USA Quality Factor ETF by 2.6% in the 1st quarter. Citizens National Bank Trust Department now owns 2,606 shares of the company’s stock valued at $445,000 after acquiring an additional 66 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $196.89 on Monday. The company has a market cap of $57.09 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock has a 50-day moving average of $191.99 and a two-hundred day moving average of $182.76. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26.

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.