iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Kastel Capital Advisors LLC

Kastel Capital Advisors LLC reduced its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 33.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 13,814 shares of the company’s stock after selling 7,098 shares during the period. iShares MSCI USA Quality Factor ETF comprises 1.8% of Kastel Capital Advisors LLC’s investment portfolio, making the stock its 19th largest holding. Kastel Capital Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,031,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Bank of America Corp DE raised its stake in shares of iShares MSCI USA Quality Factor ETF by 36.9% in the 1st quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock valued at $1,676,734,000 after acquiring an additional 2,357,971 shares during the period. Two Sigma Investments LP boosted its position in iShares MSCI USA Quality Factor ETF by 99.7% during the 3rd quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after purchasing an additional 964,500 shares during the period. Goldman Sachs Group Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 403.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock worth $220,005,000 after purchasing an additional 887,478 shares during the period. Heck Capital Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth $81,990,000. Finally, Orion Porfolio Solutions LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 298.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 542,767 shares of the company’s stock valued at $99,229,000 after purchasing an additional 406,488 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $225.69 on Monday. The business’s 50-day moving average is $217.61 and its two-hundred day moving average is $208.12. iShares MSCI USA Quality Factor ETF has a 12 month low of $184.60 and a 12 month high of $227.16. The firm has a market capitalization of $65.44 billion, a PE 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.