iShares MSCI USA Quality Factor ETF $QUAL is Valence8 US LP’s Largest Position

Valence8 US LP lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 17.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 398,316 shares of the company’s stock after buying an additional 58,552 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 30.6% of Valence8 US LP’s portfolio, making the stock its largest position. Valence8 US LP owned approximately 0.14% of iShares MSCI USA Quality Factor ETF worth $72,820,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Keener Financial Planning LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth $29,000. Cullen Frost Bankers Inc. boosted its position in shares of iShares MSCI USA Quality Factor ETF by 84.2% in the 1st quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock worth $30,000 after purchasing an additional 80 shares in the last quarter. CX Institutional grew its stake in iShares MSCI USA Quality Factor ETF by 151.9% during the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after buying an additional 123 shares during the last quarter. Legacy Wealth Managment LLC ID acquired a new position in iShares MSCI USA Quality Factor ETF during the 1st quarter valued at about $37,000. Finally, Legacy Investment Solutions LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the second quarter valued at about $40,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $193.17 on Monday. 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 cap of $56.01 billion, a PE ratio of 25.59 and a beta of 1.05. The business has a 50-day simple moving average of $193.54 and a two-hundred day simple moving average of $185.26.

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.