Osaic Holdings Inc. Trims Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Osaic Holdings Inc. decreased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,216,952 shares of the company’s stock after selling 97,751 shares during the quarter. Osaic Holdings Inc. owned approximately 0.42% of iShares MSCI USA Quality Factor ETF worth $222,524,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 2.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 32,478,050 shares of the company’s stock worth $5,937,618,000 after acquiring an additional 624,581 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares MSCI USA Quality Factor ETF by 0.7% in the second quarter. JPMorgan Chase & Co. now owns 7,012,339 shares of the company’s stock worth $1,281,996,000 after purchasing an additional 50,889 shares during the period. Ameriprise Financial Inc. grew its holdings in 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 worth $878,890,000 after purchasing an additional 324,478 shares during the period. Cerity Partners LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 39.6% during the second quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock valued at $686,910,000 after purchasing an additional 1,065,946 shares in the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.3% during the second quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock valued at $631,514,000 after purchasing an additional 44,285 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 12.9%

iShares MSCI USA Quality Factor ETF stock opened at $199.47 on Monday. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The company has a market capitalization of $57.84 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock’s 50 day moving average is $195.81 and its 200 day moving average is $189.28.

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.