iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 12.3% in the second quarter, Holdings Channel.com reports. The firm owned 20,363 shares of the company’s stock after selling 2,865 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,723,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of QUAL. OVERSEA CHINESE BANKING Corp Ltd grew its stake in iShares MSCI USA Quality Factor ETF by 2,898.7% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 7,622,243 shares of the company’s stock valued at $1,302,565,000 after purchasing an additional 7,368,058 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 9.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 31,853,469 shares of the company’s stock valued at $5,443,439,000 after purchasing an additional 2,711,718 shares in the last quarter. BNP Paribas Financial Markets grew its stake in 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 valued at $462,276,000 after purchasing an additional 2,705,033 shares in the last quarter. LPL Financial LLC grew its stake in 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 valued at $3,107,915,000 after purchasing an additional 1,318,823 shares in the last quarter. Finally, Focus Partners Wealth grew its stake in iShares MSCI USA Quality Factor ETF by 213.6% during the 1st 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 Stock Up 9.3%

Shares of BATS QUAL opened at $193.04 on Wednesday. The firm has a market cap of $55.97 billion, a PE ratio of 25.59 and a beta of 1.05. The business has a 50 day moving average price of $190.67 and a two-hundred day moving average price of $180.72. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26.

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.