Koshinski Asset Management Inc. Raises Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Koshinski Asset Management Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,597 shares of the company’s stock after purchasing an additional 154 shares during the quarter. Koshinski Asset Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $292,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its position 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 purchasing an additional 2,711,718 shares in the last quarter. LPL Financial LLC boosted its position in iShares MSCI USA Quality Factor ETF by 7.8% during the first quarter. LPL Financial LLC now owns 18,186,643 shares of the company’s stock worth $3,107,915,000 after purchasing an additional 1,318,823 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its position in iShares MSCI USA Quality Factor ETF by 2,898.7% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 7,622,243 shares of the company’s stock worth $1,302,565,000 after purchasing an additional 7,368,058 shares in the last quarter. JPMorgan Chase & Co. boosted its position in iShares MSCI USA Quality Factor ETF by 5.8% during the first quarter. JPMorgan Chase & Co. now owns 6,961,450 shares of the company’s stock worth $1,189,642,000 after purchasing an additional 380,904 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 6.7% during 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 in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $195.68 on Tuesday. The business has a 50 day simple moving average of $191.36 and a two-hundred day simple moving average of $181.35. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $187.26. The stock has a market capitalization of $56.74 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.