iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by 1900 Wealth Management LLC

1900 Wealth Management LLC reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.4% in the second quarter, HoldingsChannel reports. The fund owned 193,983 shares of the company’s stock after selling 790 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 2.7% of 1900 Wealth Management LLC’s holdings, making the stock its 7th largest holding. 1900 Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $35,464,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Cullen Frost Bankers Inc. lifted its stake 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 acquiring an additional 80 shares during the period. Legacy Wealth Managment LLC ID acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter worth approximately $37,000. CX Institutional lifted its stake 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 acquiring an additional 123 shares during the period. BankPlus Trust Department lifted its stake 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 acquiring an additional 90 shares during the period. Finally, First Command Advisory Services Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter worth approximately $43,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $196.36 on Friday. The company’s 50 day simple moving average is $189.11 and its 200 day simple moving average is $179.47. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $187.26. The company has a market capitalization of $56.93 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.