Quent Capital LLC decreased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 23.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,135 shares of the company’s stock after selling 4,720 shares during the period. Quent Capital LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,767,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. OVERSEA CHINESE BANKING Corp Ltd raised 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 acquiring an additional 7,368,058 shares during the last quarter. Envestnet Asset Management Inc. raised 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 acquiring an additional 2,711,718 shares during the last quarter. BNP Paribas Financial Markets raised its position in iShares MSCI USA Quality Factor ETF by 3,606,710.7% during 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 during the last quarter. LPL Financial LLC raised 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 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 worth $323,242,000 after acquiring an additional 1,288,398 shares during the last quarter.
iShares MSCI USA Quality Factor ETF Trading Up 11.2%
Shares of QUAL opened at $196.47 on Friday. The stock has a market cap of $56.97 billion, a P/E ratio of 25.59 and a beta of 1.05. The company has a 50-day moving average of $189.31 and a two-hundred day moving average of $179.59. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26.
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.
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