JDM Financial Group LLC Sells 429 Shares of iShares MSCI USA Quality Factor ETF $QUAL

JDM Financial Group LLC lowered its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,441 shares of the company’s stock after selling 429 shares during the period. JDM Financial Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in QUAL. Keener Financial Planning LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter valued at approximately $29,000. Cullen Frost Bankers Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 84.2% during 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 in the last quarter. Legacy Wealth Managment LLC ID bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the first quarter valued at approximately $37,000. CX Institutional raised its stake in shares of iShares MSCI USA Quality Factor ETF by 151.9% during the second quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after acquiring an additional 123 shares in the last quarter. Finally, BankPlus Trust Department raised its stake in shares of iShares MSCI USA Quality Factor ETF by 58.4% during 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 in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $199.26 on Wednesday. The company has a 50 day moving average price of $192.44 and a 200-day moving average price of $183.26. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26. The company has a market capitalization of $57.78 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.