iShares MSCI USA Quality Factor ETF $QUAL Stake Raised by Beacon Bridge Wealth Partners LLC

Beacon Bridge Wealth Partners LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 94,627 shares of the company’s stock after buying an additional 2,332 shares during the period. iShares MSCI USA Quality Factor ETF comprises 6.9% of Beacon Bridge Wealth Partners LLC’s investment portfolio, making the stock its 2nd largest holding. Beacon Bridge Wealth Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $17,300,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in QUAL. OVERSEA CHINESE BANKING Corp Ltd increased its stake in iShares MSCI USA Quality Factor ETF by 2,898.7% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 7,622,243 shares of the company’s stock worth $1,302,565,000 after buying an additional 7,368,058 shares during the period. Envestnet Asset Management Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 9.3% during the 1st 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 period. BNP Paribas Financial Markets increased its stake in iShares MSCI USA Quality Factor ETF by 3,606,710.7% during the 1st quarter. BNP Paribas Financial Markets now owns 2,705,108 shares of the company’s stock worth $462,276,000 after buying an additional 2,705,033 shares during the period. LPL Financial LLC increased its stake in iShares MSCI USA Quality Factor ETF by 7.8% during the 1st quarter. LPL Financial LLC now owns 18,186,643 shares of the company’s stock worth $3,107,915,000 after buying an additional 1,318,823 shares during the period. Finally, Focus Partners Wealth increased its stake in iShares MSCI USA Quality Factor ETF by 213.6% during the 1st quarter. Focus Partners Wealth now owns 1,891,522 shares of the company’s stock worth $323,242,000 after buying an additional 1,288,398 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 10.7%

Shares of QUAL opened at $195.62 on Friday. 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 $190.16 and its 200 day moving average price is $180.30. The company has a market cap of $56.72 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.