iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Wealthspire Advisors LLC

Wealthspire Advisors LLC decreased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 42.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 87,780 shares of the company’s stock after selling 64,617 shares during the period. Wealthspire Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $16,048,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Keener Financial Planning LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth about $29,000. Legacy Wealth Managment LLC ID acquired a new stake in iShares MSCI USA Quality Factor ETF during the first quarter worth approximately $37,000. CX Institutional grew its stake 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 acquiring an additional 123 shares during the period. Legacy Investment Solutions LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $40,000. Finally, Cheviot Value Management LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 1st quarter valued at $43,000.

iShares MSCI USA Quality Factor ETF Stock Up 8.2%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $191.11 on Wednesday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26. The business’s fifty day moving average is $194.29 and its two-hundred day moving average is $186.53. The firm has a market cap of $55.41 billion, a PE ratio of 25.59 and a beta of 1.05.

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.