Stephens Consulting LLC Sells 82 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Stephens Consulting LLC cut its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.4% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 5,960 shares of the company’s stock after selling 82 shares during the period. Stephens Consulting LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,090,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its position in shares of 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 during the period. LPL Financial LLC grew its stake in shares of 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 acquiring an additional 1,318,823 shares during the period. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in iShares MSCI USA Quality Factor ETF by 2,898.7% in 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 purchasing an additional 7,368,058 shares during the period. JPMorgan Chase & Co. boosted its stake in iShares MSCI USA Quality Factor ETF by 5.8% in the 1st 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 during the period. Finally, Ameriprise Financial Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.7% in the 1st quarter. Ameriprise Financial Inc. now owns 5,143,391 shares of the company’s stock valued at $878,890,000 after acquiring an additional 324,478 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 8.1%

Shares of BATS QUAL opened at $190.99 on Monday. The stock has a market cap of $55.38 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26. The stock’s 50-day moving average is $190.33 and its 200 day moving average is $180.45.

iShares MSCI USA Quality Factor ETF 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.