SPC Financial Inc. Has $33.50 Million Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

SPC Financial Inc. lessened its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 196,188 shares of the company’s stock after selling 2,022 shares during the period. iShares MSCI USA Quality Factor ETF makes up 3.1% of SPC Financial Inc.’s portfolio, making the stock its 7th biggest position. SPC Financial Inc. owned about 0.07% of iShares MSCI USA Quality Factor ETF worth $33,501,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. MCF Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter worth approximately $37,000. Unique Wealth Strategies LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at $37,000. Opal Wealth Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $41,000. City State Bank boosted its stake in iShares MSCI USA Quality Factor ETF by 123.7% in the first quarter. City State Bank now owns 255 shares of the company’s stock worth $42,000 after purchasing an additional 141 shares in the last quarter. Finally, Headlands Technologies LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth $48,000.

iShares MSCI USA Quality Factor ETF Stock Up 0.3 %

Shares of BATS QUAL opened at $179.19 on Tuesday. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The firm’s 50-day simple moving average is $173.50 and its 200 day simple moving average is $168.45. The company has a market cap of $47.29 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.