iShares MSCI USA Quality Factor ETF $QUAL Stock Position Cut by Garrett Wealth Advisory Group LLC

Garrett Wealth Advisory Group LLC lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 68,160 shares of the company’s stock after selling 405 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises about 2.6% of Garrett Wealth Advisory Group LLC’s holdings, making the stock its 9th biggest holding. Garrett Wealth Advisory Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $12,461,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in QUAL. Keener Financial Planning LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $29,000. Legacy Wealth Managment LLC ID purchased a new position in iShares MSCI USA Quality Factor ETF in the first quarter valued at $37,000. CX Institutional grew its stake in iShares MSCI USA Quality Factor ETF by 151.9% during the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after purchasing an additional 123 shares in the last quarter. Legacy Investment Solutions LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 2nd quarter worth about $40,000. Finally, Cheviot Value Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 1st quarter valued at about $43,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $191.76 on Thursday. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The stock has a market capitalization of $55.60 billion, a PE ratio of 25.59 and a beta of 1.05. The stock has a 50-day simple moving average of $194.33 and a 200-day simple moving average of $186.57.

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.