iShares MSCI USA Quality Factor ETF $QUAL is Swmg LLC’s 2nd Largest Position

Swmg LLC grew its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 38.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 90,717 shares of the company’s stock after buying an additional 25,111 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for 5.7% of Swmg LLC’s investment portfolio, making the stock its 2nd largest position. Swmg LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $16,944,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in QUAL. OVERSEA CHINESE BANKING Corp Ltd increased 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 buying an additional 7,368,058 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of 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 purchasing an additional 2,711,718 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of 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 purchasing an additional 2,705,033 shares in the last quarter. LPL Financial LLC increased its position in shares of 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 purchasing an additional 1,318,823 shares in the last quarter. Finally, Focus Partners Wealth increased its position in shares of 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 purchasing an additional 1,288,398 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $193.56 on Friday. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $187.26. The stock has a market capitalization of $56.12 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock has a 50 day moving average price of $191.15 and a 200 day moving average price of $181.12.

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.