PBMares Wealth Management LLC Sells 57 Shares of iShares MSCI USA Quality Factor ETF $QUAL

PBMares Wealth Management LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,368 shares of the company’s stock after selling 57 shares during the quarter. PBMares Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $250,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cullen Frost Bankers Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 84.2% in the first quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock worth $30,000 after acquiring an additional 80 shares in the last quarter. Legacy Wealth Managment LLC ID bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter worth about $37,000. CX Institutional increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 151.9% in the second quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after acquiring an additional 123 shares in the last quarter. BankPlus Trust Department increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 58.4% in the first quarter. BankPlus Trust Department now owns 244 shares of the company’s stock worth $42,000 after acquiring an additional 90 shares in the last quarter. Finally, First Command Advisory Services Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter worth about $43,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $194.52 on Wednesday. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The business has a 50-day moving average of $188.71 and a two-hundred day moving average of $179.19. The company has a market capitalization of $56.40 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.