Brandywine Oak Private Wealth LLC Reduces Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Brandywine Oak Private Wealth LLC trimmed its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,142 shares of the company’s stock after selling 425 shares during the period. Brandywine Oak Private Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,306,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of QUAL. Cullen Frost Bankers Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 84.2% in the 1st quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock worth $30,000 after buying an additional 80 shares during the period. Legacy Wealth Managment LLC ID purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter worth about $37,000. CX Institutional grew its position in shares of 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 buying an additional 123 shares during the period. BankPlus Trust Department grew its position in shares of iShares MSCI USA Quality Factor ETF by 58.4% in the 1st quarter. BankPlus Trust Department now owns 244 shares of the company’s stock worth $42,000 after buying an additional 90 shares during the period. Finally, First Command Advisory Services Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter worth about $43,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $195.62 on Friday. The firm’s 50-day moving average price is $190.16 and its 200-day moving average price is $180.30. The company has a market capitalization of $56.72 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26.

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.