JB Capital LLC Trims Holdings in iShares MSCI USA Quality Factor ETF $QUAL

JB Capital LLC trimmed its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 16.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 687,705 shares of the company’s stock after selling 131,667 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 5.8% of JB Capital LLC’s portfolio, making the stock its 4th biggest position. JB Capital LLC owned about 0.24% of iShares MSCI USA Quality Factor ETF worth $133,759,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of QUAL. Keener Financial Planning LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the second quarter worth $29,000. CoreFirst Bank & Trust purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth about $33,000. Legacy Wealth Managment LLC ID purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter worth about $37,000. CX Institutional grew its holdings in iShares MSCI USA Quality Factor ETF by 151.9% during the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after purchasing an additional 123 shares during the last quarter. Finally, Legacy Investment Solutions LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 2nd quarter worth about $40,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $200.07 on Wednesday. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The firm has a 50-day simple moving average of $197.04 and a two-hundred day simple moving average of $191.01. The company has a market cap of $58.01 billion, a P/E ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.