Heck Capital Advisors LLC Reduces Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Heck Capital Advisors LLC reduced its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.9% in the second quarter, HoldingsChannel reports. The firm owned 138,429 shares of the company’s stock after selling 8,684 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 1.8% of Heck Capital Advisors LLC’s investment portfolio, making the stock its 12th largest position. Heck Capital Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $30,375,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Sage Capital Advisors llc purchased a new stake in iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at approximately $213,000. Sherman Wealth Management LLC grew its position in iShares MSCI USA Quality Factor ETF by 0.3% in the second quarter. Sherman Wealth Management LLC now owns 20,726 shares of the company’s stock worth $4,548,000 after acquiring an additional 53 shares in the last quarter. Fulton Bank N.A. increased its position in shares of iShares MSCI USA Quality Factor ETF by 72.5% during the 2nd quarter. Fulton Bank N.A. now owns 8,235 shares of the company’s stock valued at $1,807,000 after purchasing an additional 3,462 shares during the last quarter. Wealthcare Advisory Partners LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% in the second quarter. Wealthcare Advisory Partners LLC now owns 53,676 shares of the company’s stock valued at $11,778,000 after acquiring an additional 1,503 shares during the period. Finally, Warner Financial Inc. raised its position in iShares MSCI USA Quality Factor ETF by 2.8% in the 2nd quarter. Warner Financial Inc. now owns 26,457 shares of the company’s stock worth $5,805,000 after purchasing an additional 724 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Down 0.3%

QUAL opened at $225.15 on Wednesday. The stock has a market cap of $65.28 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52-week low of $185.58 and a 52-week high of $227.16. The business has a fifty day moving average of $217.99 and a 200 day moving average of $208.47.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.