iShares MSCI USA Quality Factor ETF $QUAL Stake Lowered by Mcmorgan & Co. LLC

Mcmorgan & Co. LLC cut its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 111,785 shares of the company’s stock after selling 4,989 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 3.7% of Mcmorgan & Co. LLC’s portfolio, making the stock its 10th biggest holding. Mcmorgan & Co. LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $24,529,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE boosted its position in shares of iShares MSCI USA Quality Factor ETF by 36.9% during the 1st quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock valued at $1,676,734,000 after acquiring an additional 2,357,971 shares during the last quarter. Two Sigma Investments LP increased its position in iShares MSCI USA Quality Factor ETF by 99.7% in the third quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after purchasing an additional 964,500 shares during the last quarter. Goldman Sachs Group Inc. increased its position in iShares MSCI USA Quality Factor ETF by 403.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock worth $220,005,000 after purchasing an additional 887,478 shares during the last quarter. Heck Capital Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth $81,990,000. Finally, Orion Porfolio Solutions LLC raised its stake in iShares MSCI USA Quality Factor ETF by 298.3% during the second quarter. Orion Porfolio Solutions LLC now owns 542,767 shares of the company’s stock valued at $99,229,000 after purchasing an additional 406,488 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.4%

QUAL stock opened at $223.62 on Friday. iShares MSCI USA Quality Factor ETF has a 52 week low of $185.88 and a 52 week high of $227.32. The company has a fifty day simple moving average of $220.28 and a two-hundred day simple moving average of $210.38. The firm has a market capitalization of $64.84 billion, a P/E 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.