Signaturefd LLC Trims Stake in iShares MSCI USA Quality Factor ETF $QUAL

Signaturefd LLC lowered its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 618 shares of the company’s stock after selling 77 shares during the period. Signaturefd LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $113,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. OVERSEA CHINESE BANKING Corp Ltd increased its holdings in shares of 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 buying an additional 7,368,058 shares during the last quarter. Envestnet Asset Management Inc. grew its position in iShares MSCI USA Quality Factor ETF by 9.3% in the first quarter. Envestnet Asset Management Inc. now owns 31,853,469 shares of the company’s stock worth $5,443,439,000 after acquiring an additional 2,711,718 shares in the last quarter. BNP Paribas Financial Markets grew its position in iShares MSCI USA Quality Factor ETF by 3,606,710.7% in the first quarter. BNP Paribas Financial Markets now owns 2,705,108 shares of the company’s stock worth $462,276,000 after acquiring an additional 2,705,033 shares in the last quarter. LPL Financial LLC increased its stake in 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 acquiring an additional 1,318,823 shares during the last quarter. Finally, Focus Partners Wealth raised its position in iShares MSCI USA Quality Factor ETF by 213.6% during the first quarter. Focus Partners Wealth now owns 1,891,522 shares of the company’s stock valued at $323,242,000 after purchasing an additional 1,288,398 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 11.2%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $196.47 on Friday. The firm has a market capitalization of $56.97 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $187.26. The business’s 50-day moving average price is $189.31 and its 200-day moving average price is $179.63.

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.