Empirical Financial Services LLC d.b.a. Empirical Wealth Management Sells 47,643 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Empirical Financial Services LLC d.b.a. Empirical Wealth Management trimmed its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 950,182 shares of the company’s stock after selling 47,643 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 3.9% of Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s investment portfolio, making the stock its 4th biggest position. Empirical Financial Services LLC d.b.a. Empirical Wealth Management owned approximately 0.33% of iShares MSCI USA Quality Factor ETF worth $173,712,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 9.3% during the first quarter. Envestnet Asset Management Inc. now owns 31,853,469 shares of the company’s stock worth $5,443,439,000 after buying an additional 2,711,718 shares during the last quarter. LPL Financial LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.8% in the first quarter. LPL Financial LLC now owns 18,186,643 shares of the company’s stock valued at $3,107,915,000 after purchasing an additional 1,318,823 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 2,898.7% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 7,622,243 shares of the company’s stock valued at $1,302,565,000 after purchasing an additional 7,368,058 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 5.8% in the first quarter. JPMorgan Chase & Co. now owns 6,961,450 shares of the company’s stock valued at $1,189,642,000 after purchasing an additional 380,904 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.7% in the first quarter. Ameriprise Financial Inc. now owns 5,143,391 shares of the company’s stock valued at $878,890,000 after purchasing an additional 324,478 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $196.36 on Friday. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $187.26. The company has a market cap of $56.93 billion, a P/E ratio of 25.59 and a beta of 1.05. The firm’s fifty day moving average price is $189.11 and its two-hundred day moving average price is $179.47.

iShares MSCI USA Quality Factor ETF Company 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.