Park Place Capital Corp Sells 1,456 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Park Place Capital Corp trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 57.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,082 shares of the company’s stock after selling 1,456 shares during the period. Park Place Capital Corp’s holdings in iShares MSCI USA Quality Factor ETF were worth $185,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of QUAL. DAVENPORT & Co LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 27.6% during the 4th quarter. DAVENPORT & Co LLC now owns 6,805 shares of the company’s stock worth $1,001,000 after buying an additional 1,472 shares during the period. International Assets Investment Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $39,465,000. Arkadios Wealth Advisors raised its holdings in iShares MSCI USA Quality Factor ETF by 16.2% during the 4th quarter. Arkadios Wealth Advisors now owns 2,917 shares of the company’s stock worth $429,000 after buying an additional 407 shares during the period. Sowell Financial Services LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 19.6% during the 4th quarter. Sowell Financial Services LLC now owns 200,954 shares of the company’s stock worth $29,588,000 after buying an additional 32,984 shares during the period. Finally, Prime Capital Investment Advisors LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 6.6% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 483,847 shares of the company’s stock worth $71,193,000 after buying an additional 30,010 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL traded down $2.34 during mid-day trading on Monday, hitting $167.52. 1,076,019 shares of the company’s stock were exchanged. The company has a market cap of $44.21 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The company has a 50-day simple moving average of $170.62 and a 200 day simple moving average of $163.48.

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.