iShares MSCI USA Quality Factor ETF $QUAL Stake Lowered by Hobbs Group Advisors LLC

Hobbs Group Advisors LLC reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 21.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,273 shares of the company’s stock after selling 2,855 shares during the period. Hobbs Group Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,878,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of QUAL. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in iShares MSCI USA Quality Factor ETF by 2,898.7% in 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. Envestnet Asset Management Inc. boosted its holdings 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 purchasing an additional 2,711,718 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings 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 purchasing an additional 2,705,033 shares in the last quarter. LPL Financial LLC boosted its holdings 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 worth $3,107,915,000 after purchasing an additional 1,318,823 shares in the last quarter. Finally, Focus Partners Wealth boosted its holdings in iShares MSCI USA Quality Factor ETF by 213.6% in the first quarter. Focus Partners Wealth now owns 1,891,522 shares of the company’s stock worth $323,242,000 after purchasing an additional 1,288,398 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 8.1%

Shares of BATS:QUAL opened at $190.99 on Friday. The stock has a market capitalization of $55.38 billion, a PE 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 firm has a fifty day moving average price of $190.33 and a 200 day moving average price of $180.41.

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.