Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) sold by State of Michigan Retirement System

State of Michigan Retirement System lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 49.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 118,350 shares of the company’s stock after selling 116,600 shares during the period. State of Michigan Retirement System’s holdings in iShares MSCI USA Quality Factor ETF were worth $20,209,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. SlateStone Wealth LLC raised its stake in iShares MSCI USA Quality Factor ETF by 9.7% during the second quarter. SlateStone Wealth LLC now owns 111,578 shares of the company’s stock worth $19,053,000 after purchasing an additional 9,912 shares during the period. Bailard Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.1% during the 2nd quarter. Bailard Inc. now owns 7,670 shares of the company’s stock worth $1,310,000 after buying an additional 438 shares in the last quarter. Verdence Capital Advisors LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 86.3% in the second quarter. Verdence Capital Advisors LLC now owns 11,200 shares of the company’s stock worth $1,913,000 after buying an additional 5,189 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of iShares MSCI USA Quality Factor ETF by 3.2% in the second quarter. Bank of New York Mellon Corp now owns 2,372,410 shares of the company’s stock valued at $405,113,000 after buying an additional 73,653 shares during the period. Finally, Bristlecone Advisors LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 0.4% in the second quarter. Bristlecone Advisors LLC now owns 17,056 shares of the company’s stock valued at $2,912,000 after acquiring an additional 63 shares in the last quarter.

Share performance of the iShares MSCI USA Quality Factor ETF

Shares of iShares MSCI USA Quality Factor ETF stock opened at $177.12 on Tuesday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The firm has a market cap of $46.74 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The stock has a 50-day moving average of $171.73 and a 200-day moving average of $165.63.

Company Profile for iShares MSCI USA Quality Factor ETF

(Free Report)

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\u002Equity relative to peers in each sector.

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