iShares MSCI USA Quality Factor ETF $QUAL is Claro Advisors LLC’s 10th Largest Position

Claro Advisors LLC trimmed its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 13.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 67,839 shares of the company’s stock after selling 10,632 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 2.0% of Claro Advisors LLC’s portfolio, making the stock its 10th largest position. Claro Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $12,402,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Integrity Wealth Solutions LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 7.2% in the second quarter. Integrity Wealth Solutions LLC now owns 1,599 shares of the company’s stock valued at $292,000 after purchasing an additional 107 shares during the period. ADG Wealth Management Group LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $2,050,000. Milestone Asset Management LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the second quarter valued at approximately $1,003,000. Magnolia Capital Advisors LLC lifted its position in iShares MSCI USA Quality Factor ETF by 632.9% during the second quarter. Magnolia Capital Advisors LLC now owns 50,164 shares of the company’s stock valued at $9,171,000 after buying an additional 43,319 shares in the last quarter. Finally, Fullcircle Wealth LLC lifted its position in iShares MSCI USA Quality Factor ETF by 14.2% during the second quarter. Fullcircle Wealth LLC now owns 20,387 shares of the company’s stock valued at $3,781,000 after buying an additional 2,540 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 10.1%

Shares of QUAL stock opened at $194.47 on Wednesday. The stock has a market cap of $56.39 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. 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 firm’s 50 day moving average price is $193.27 and its two-hundred day moving average price is $184.57.

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.