iShares MSCI USA Quality Factor ETF $QUAL Stock Position Decreased by Royal Harbor Partners LLC

Royal Harbor Partners LLC trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.8% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 43,939 shares of the company’s stock after selling 369 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 2.9% of Royal Harbor Partners LLC’s holdings, making the stock its 12th largest holding. Royal Harbor Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,033,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of QUAL. Keener Financial Planning LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth $29,000. Cullen Frost Bankers Inc. raised its stake 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 worth $30,000 after purchasing an additional 80 shares in the last quarter. Legacy Wealth Managment LLC ID bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter valued at approximately $37,000. CX Institutional increased its holdings in iShares MSCI USA Quality Factor ETF by 151.9% in the second quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after buying an additional 123 shares during the last quarter. Finally, Legacy Investment Solutions LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at $40,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $196.85 on Thursday. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26. The stock’s 50-day moving average is $194.02 and its 200-day moving average is $185.74. The company has a market cap of $57.08 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.