Stonebrook Private Inc. Has $24.45 Million Stake in iShares MSCI USA Quality Factor ETF $QUAL

Stonebrook Private Inc. cut its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 134,311 shares of the company’s stock after selling 530 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 5.7% of Stonebrook Private Inc.’s holdings, making the stock its 2nd largest holding. Stonebrook Private Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $24,445,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of QUAL. Walkner Condon Financial Advisors LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth approximately $213,000. Coordinated Financial Services Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $980,000. Flow Traders U.S. LLC increased its stake in iShares MSCI USA Quality Factor ETF by 412.9% in the first quarter. Flow Traders U.S. LLC now owns 64,002 shares of the company’s stock worth $10,937,000 after purchasing an additional 51,524 shares during the period. Wealthcare Advisory Partners LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 6.3% during the second quarter. Wealthcare Advisory Partners LLC now owns 60,750 shares of the company’s stock worth $11,106,000 after purchasing an additional 3,611 shares during the last quarter. Finally, Etesian Wealth Advisors Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 9.9% in the second quarter. Etesian Wealth Advisors Inc. now owns 4,648 shares of the company’s stock worth $850,000 after purchasing an additional 417 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

iShares MSCI USA Quality Factor ETF stock opened at $191.11 on Wednesday. The firm has a 50-day moving average of $194.29 and a two-hundred day moving average of $186.53. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The stock has a market cap of $55.41 billion, a price-to-earnings 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.