iShares MSCI USA Quality Factor ETF $QUAL Holdings Trimmed by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd lowered its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 72.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 67,826 shares of the company’s stock after selling 182,040 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares MSCI USA Quality Factor ETF were worth $12,400,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Envestnet Asset Management Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 2.0% during the second quarter. Envestnet Asset Management Inc. now owns 32,478,050 shares of the company’s stock valued at $5,937,618,000 after buying an additional 624,581 shares in the last quarter. LPL Financial LLC boosted its stake 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 valued at $3,107,915,000 after buying an additional 1,318,823 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares MSCI USA Quality Factor ETF by 5.8% during the first quarter. JPMorgan Chase & Co. now owns 6,961,450 shares of the company’s stock valued at $1,189,642,000 after buying an additional 380,904 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of iShares MSCI USA Quality Factor ETF by 6.7% in the 1st quarter. Ameriprise Financial Inc. now owns 5,143,391 shares of the company’s stock valued at $878,890,000 after purchasing an additional 324,478 shares during the period. Finally, CWM LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 1.9% in the 2nd quarter. CWM LLC now owns 3,387,135 shares of the company’s stock valued at $619,236,000 after purchasing an additional 64,226 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 11.5%

BATS:QUAL opened at $196.89 on Monday. 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 market capitalization of $57.09 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock has a fifty day simple moving average of $191.99 and a 200 day simple moving average of $182.76.

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.