iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Sold by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. decreased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,030 shares of the company’s stock after selling 385 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,566,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of QUAL. Haverford Financial Services Inc. purchased a new stake in iShares MSCI USA Quality Factor ETF during the 2nd quarter worth about $1,390,000. Hsbc Holdings PLC increased its holdings in iShares MSCI USA Quality Factor ETF by 12.8% during the 2nd quarter. Hsbc Holdings PLC now owns 102,754 shares of the company’s stock worth $17,546,000 after purchasing an additional 11,671 shares during the period. Blair William & Co. IL increased its holdings in iShares MSCI USA Quality Factor ETF by 24.0% during the 2nd quarter. Blair William & Co. IL now owns 16,988 shares of the company’s stock worth $2,901,000 after purchasing an additional 3,287 shares during the period. Mercer Global Advisors Inc. ADV increased its holdings in iShares MSCI USA Quality Factor ETF by 1.0% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,369,906 shares of the company’s stock worth $404,685,000 after purchasing an additional 22,546 shares during the period. Finally, True Vision MN LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 2.5% during the 2nd quarter. True Vision MN LLC now owns 39,476 shares of the company’s stock worth $6,741,000 after purchasing an additional 972 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $178.40 on Friday. The stock’s 50-day moving average is $172.96 and its two-hundred day moving average is $167.83. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The company has a market cap of $47.08 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

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.