Barings LLC Has $50.41 Million Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Barings LLC decreased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 275,752 shares of the company’s stock after selling 11,789 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 1.2% of Barings LLC’s investment portfolio, making the stock its 12th biggest holding. Barings LLC owned 0.10% of iShares MSCI USA Quality Factor ETF worth $50,413,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets boosted its stake in shares of 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 last quarter. Soundwatch Capital LLC boosted its position in iShares MSCI USA Quality Factor ETF by 72,284.9% during the second quarter. Soundwatch Capital LLC now owns 2,437,924 shares of the company’s stock valued at $445,701,000 after purchasing an additional 2,434,556 shares during the last quarter. Symphony Financial Ltd. Co. grew its stake in iShares MSCI USA Quality Factor ETF by 4,818.8% in the second quarter. Symphony Financial Ltd. Co. now owns 1,716,464 shares of the company’s stock valued at $313,849,000 after purchasing an additional 1,681,568 shares in the last quarter. Charles Schwab Investment Management Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the 2nd quarter worth approximately $305,974,000. Finally, LPL Financial LLC raised 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 purchasing an additional 1,318,823 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 8.6%

BATS QUAL opened at $191.89 on Friday. 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 50 day moving average of $194.30 and a 200-day moving average of $186.84. The company has a market cap of $55.64 billion, a PE 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.