Vermillion & White Wealth Management Group LLC Lowers Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Vermillion & White Wealth Management Group LLC lowered its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 55.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,275 shares of the company’s stock after selling 4,145 shares during the period. Vermillion & White Wealth Management Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $599,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Galvin Gaustad & Stein LLC increased its stake in iShares MSCI USA Quality Factor ETF by 2.6% in the 2nd quarter. Galvin Gaustad & Stein LLC now owns 2,095 shares of the company’s stock valued at $383,000 after buying an additional 54 shares during the period. Global Financial Private Client LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 0.6% in the 2nd quarter. Global Financial Private Client LLC now owns 10,696 shares of the company’s stock worth $1,955,000 after acquiring an additional 60 shares during the period. L. Roy Papp & Associates LLP boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.5% in the second quarter. L. Roy Papp & Associates LLP now owns 2,461 shares of the company’s stock valued at $450,000 after acquiring an additional 60 shares in the last quarter. Benningfield Financial Advisors LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 0.8% during the second quarter. Benningfield Financial Advisors LLC now owns 7,820 shares of the company’s stock worth $1,430,000 after acquiring an additional 65 shares during the period. Finally, Bartlett & CO. Wealth Management LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 0.7% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 10,631 shares of the company’s stock worth $1,944,000 after acquiring an additional 72 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 11.8%

Shares of BATS:QUAL opened at $197.47 on Thursday. The company has a market cap of $57.26 billion, a P/E ratio of 25.59 and a beta of 1.05. The company has a 50-day moving average price of $194.57 and a 200 day moving average price of $187.35. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26.

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.