iShares MSCI USA Quality Factor ETF $QUAL Stock Position Decreased by Well Done LLC

Well Done LLC lessened its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.0% in the second quarter, Holdings Channel reports. The institutional investor owned 92,472 shares of the company’s stock after selling 10,328 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 3.2% of Well Done LLC’s portfolio, making the stock its 4th biggest position. Well Done LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $16,906,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Cullen Frost Bankers Inc. raised its position 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 purchasing an additional 80 shares during the last quarter. Mascagni Wealth Management Inc. bought a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $36,000. Legacy Wealth Managment LLC ID bought a new stake in iShares MSCI USA Quality Factor ETF during the 1st quarter valued at about $37,000. CX Institutional raised its holdings in iShares MSCI USA Quality Factor ETF by 151.9% in the second quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after buying an additional 123 shares during the last quarter. Finally, BankPlus Trust Department lifted its stake 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 in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 8.8%

Shares of QUAL opened at $192.26 on Thursday. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The company has a market capitalization of $55.75 billion, a P/E ratio of 25.59 and a beta of 1.05. The firm has a 50 day moving average of $188.04 and a 200 day moving average of $178.57.

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.