iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Dentgroup LLC

Dentgroup LLC lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 18.2% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 5,957 shares of the company’s stock after selling 1,321 shares during the quarter. Dentgroup LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,089,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Helen Stephens Group LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 4.4% during the second quarter. Helen Stephens Group LLC now owns 220,093 shares of the company’s stock worth $40,237,000 after buying an additional 9,182 shares during the last quarter. Howard Financial Services LTD. raised its position in iShares MSCI USA Quality Factor ETF by 2.5% in the second quarter. Howard Financial Services LTD. now owns 496,946 shares of the company’s stock valued at $90,852,000 after purchasing an additional 12,244 shares during the period. Central Pacific Bank Trust Division raised its position in iShares MSCI USA Quality Factor ETF by 74.4% in the second quarter. Central Pacific Bank Trust Division now owns 19,359 shares of the company’s stock valued at $3,539,000 after purchasing an additional 8,258 shares during the period. Harbor Investment Advisory LLC raised its position in iShares MSCI USA Quality Factor ETF by 20.4% in the second quarter. Harbor Investment Advisory LLC now owns 3,130 shares of the company’s stock valued at $572,000 after purchasing an additional 530 shares during the period. Finally, Private Client Services LLC raised its position in iShares MSCI USA Quality Factor ETF by 2.6% in the second quarter. Private Client Services LLC now owns 13,729 shares of the company’s stock valued at $2,510,000 after purchasing an additional 347 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 8.1%

BATS:QUAL opened at $190.93 on Friday. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26. The company has a market capitalization of $55.36 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock’s fifty day moving average is $186.71 and its two-hundred day moving average is $177.90.

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.