Disciplined Investments LLC increased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 15.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,503 shares of the company’s stock after purchasing an additional 327 shares during the quarter. Disciplined Investments LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $458,000 at the end of the most recent quarter.
Several other hedge funds also recently made changes to their positions in QUAL. OVERSEA CHINESE BANKING Corp Ltd grew its position in shares of 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 valued at $1,302,565,000 after purchasing an additional 7,368,058 shares in the last quarter. Envestnet Asset Management Inc. grew 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 buying 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% during the first 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 in the last quarter. LPL Financial LLC grew 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 buying an additional 1,318,823 shares in the last quarter. Finally, Focus Partners Wealth grew 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 buying an additional 1,288,398 shares in the last quarter.
iShares MSCI USA Quality Factor ETF Stock Up 9.6%
iShares MSCI USA Quality Factor ETF stock opened at $193.56 on Friday. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26. The business has a 50-day simple moving average of $191.15 and a 200 day simple moving average of $181.12. The stock has a market cap of $56.12 billion, a price-to-earnings 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.
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