Park Place Capital Corp Sells 61 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Park Place Capital Corp cut its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 637 shares of the company’s stock after selling 61 shares during the period. Park Place Capital Corp’s holdings in iShares MSCI USA Quality Factor ETF were worth $117,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Cullen Frost Bankers Inc. increased 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 valued at $30,000 after acquiring an additional 80 shares during the period. CX Institutional increased its position in shares of iShares MSCI USA Quality Factor ETF by 151.9% in the second quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after acquiring an additional 123 shares during the period. Legacy Wealth Managment LLC ID purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the first quarter valued at about $37,000. BankPlus Trust Department increased 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 valued at $42,000 after acquiring an additional 90 shares during the period. Finally, Cheviot Value Management LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the first quarter valued at about $43,000.

iShares MSCI USA Quality Factor ETF Trading Up 10.1%

QUAL stock opened at $194.52 on Wednesday. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26. The firm’s 50-day moving average price is $188.71 and its two-hundred day moving average price is $179.19. The stock has a market capitalization of $56.40 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF Company 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.