iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Hobart Private Capital LLC

Hobart Private Capital LLC lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,706 shares of the company’s stock after selling 289 shares during the period. Hobart Private Capital LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $312,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QUAL. Glass Jacobson Investment Advisors llc raised its position in iShares MSCI USA Quality Factor ETF by 38.1% in the second quarter. Glass Jacobson Investment Advisors llc now owns 1,762 shares of the company’s stock valued at $322,000 after purchasing an additional 486 shares during the period. Sage Mountain Advisors LLC raised its position in iShares MSCI USA Quality Factor ETF by 3.2% in the second quarter. Sage Mountain Advisors LLC now owns 576,078 shares of the company’s stock valued at $105,319,000 after purchasing an additional 17,851 shares during the period. Moment Partners LLC raised its position in iShares MSCI USA Quality Factor ETF by 7.5% in the second quarter. Moment Partners LLC now owns 79,686 shares of the company’s stock valued at $14,568,000 after purchasing an additional 5,590 shares during the period. MN Wealth Advisors LLC raised its position in iShares MSCI USA Quality Factor ETF by 135.1% in the second quarter. MN Wealth Advisors LLC now owns 6,679 shares of the company’s stock valued at $1,221,000 after purchasing an additional 3,838 shares during the period. Finally, Carnegie Investment Counsel raised its position in iShares MSCI USA Quality Factor ETF by 10.0% in the second quarter. Carnegie Investment Counsel now owns 19,248 shares of the company’s stock valued at $3,519,000 after purchasing an additional 1,749 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 11.5%

BATS:QUAL opened at $196.89 on Friday. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26. The company has a market capitalization of $57.09 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock’s fifty day moving average is $191.99 and its two-hundred day moving average is $182.43.

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.