Central Pacific Bank Trust Division Raises Position in iShares MSCI USA Quality Factor ETF $QUAL

Central Pacific Bank Trust Division lifted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 74.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,359 shares of the company’s stock after buying an additional 8,258 shares during the period. Central Pacific Bank Trust Division’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,539,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Cullen Frost Bankers Inc. boosted its position 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 buying an additional 80 shares during the period. Mascagni Wealth Management Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $36,000. Legacy Wealth Managment LLC ID purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter worth about $37,000. BankPlus Trust Department boosted its position 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 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 first quarter worth about $43,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $190.93 on Friday. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $187.26. The business’s 50-day simple moving average is $186.71 and its 200 day simple moving average is $177.90. The stock has a market cap of $55.36 billion, a price-to-earnings 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.