iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Bogart Wealth LLC

Bogart Wealth LLC reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 30.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 412,892 shares of the company’s stock after selling 184,219 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 3.2% of Bogart Wealth LLC’s investment portfolio, making the stock its 8th largest holding. Bogart Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $75,485,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. Drive Wealth Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 69.1% during the second quarter. Drive Wealth Management LLC now owns 10,024 shares of the company’s stock worth $1,833,000 after purchasing an additional 4,095 shares during the last quarter. Crewe Advisors LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 90.7% during the second quarter. Crewe Advisors LLC now owns 3,028 shares of the company’s stock worth $554,000 after purchasing an additional 1,440 shares during the last quarter. Elevation Capital Advisory LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the second quarter worth $7,086,000. Unison Advisors LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 3.6% during the second quarter. Unison Advisors LLC now owns 221,609 shares of the company’s stock worth $40,514,000 after purchasing an additional 7,729 shares during the last quarter. Finally, Stephens Inc. AR lifted its stake in iShares MSCI USA Quality Factor ETF by 0.9% during the second quarter. Stephens Inc. AR now owns 101,615 shares of the company’s stock worth $18,577,000 after purchasing an additional 908 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $193.56 on Monday. The business has a fifty day moving average price of $191.15 and a two-hundred day moving average price of $181.19. 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 stock has a market capitalization of $56.12 billion, a PE ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF 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.