Hutchens & Kramer Investment Management Group LLC Decreases Stake in iShares MSCI USA Quality Factor ETF $QUAL

Hutchens & Kramer Investment Management Group LLC cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 9.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,822 shares of the company’s stock after selling 1,045 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 0.8% of Hutchens & Kramer Investment Management Group LLC’s portfolio, making the stock its 28th biggest position. Hutchens & Kramer Investment Management Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,802,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in QUAL. Keener Financial Planning LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the second quarter valued at approximately $29,000. Cullen Frost Bankers Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 84.2% in the first 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. Legacy Wealth Managment LLC ID bought a new position in iShares MSCI USA Quality Factor ETF in the first quarter worth approximately $37,000. CX Institutional grew its stake in iShares MSCI USA Quality Factor ETF by 151.9% in the second quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after purchasing an additional 123 shares in the last quarter. Finally, BankPlus Trust Department boosted its position in iShares MSCI USA Quality Factor ETF by 58.4% during the 1st quarter. BankPlus Trust Department now owns 244 shares of the company’s stock valued at $42,000 after acquiring an additional 90 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 11.2%

Shares of BATS QUAL opened at $196.35 on Monday. The stock has a market capitalization of $56.93 billion, a PE ratio of 25.59 and a beta of 1.05. The stock’s fifty day simple moving average is $193.01 and its two-hundred day simple moving average is $184.09. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26.

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.