Howard Financial Services LTD. Sells 12,135 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Howard Financial Services LTD. decreased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 334,640 shares of the company’s stock after selling 12,135 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 10.8% of Howard Financial Services LTD.’s investment portfolio, making the stock its largest holding. Howard Financial Services LTD.’s holdings in iShares MSCI USA Quality Factor ETF were worth $45,133,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Bank of Montreal Can grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 16.3% in the 1st quarter. Bank of Montreal Can now owns 15,119 shares of the company’s stock worth $2,064,000 after acquiring an additional 2,119 shares during the period. Blair William & Co. IL lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 143.9% during the 1st quarter. Blair William & Co. IL now owns 10,830 shares of the company’s stock worth $1,458,000 after purchasing an additional 6,389 shares during the period. Mather Group LLC. purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter worth $397,000. Prudential Financial Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 8.4% during the 1st quarter. Prudential Financial Inc. now owns 49,277 shares of the company’s stock worth $6,634,000 after purchasing an additional 3,812 shares during the period. Finally, AJ Wealth Strategies LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.2% during the 1st quarter. AJ Wealth Strategies LLC now owns 465,618 shares of the company’s stock worth $62,686,000 after purchasing an additional 18,557 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 0.3 %

Shares of iShares MSCI USA Quality Factor ETF stock traded up $0.38 during trading hours on Tuesday, reaching $136.45. 829,419 shares of the company’s stock were exchanged. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The firm has a market capitalization of $30.86 billion, a price-to-earnings ratio of 16.30 and a beta of 1.03. The company has a fifty day moving average of $137.54 and a 200-day moving average of $130.07.

iShares MSCI USA Quality Factor ETF Company 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.