iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.1% in the second quarter, HoldingsChannel reports. The fund owned 16,666 shares of the company’s stock after selling 180 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,047,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in QUAL. OVERSEA CHINESE BANKING Corp Ltd lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 2,898.7% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 7,622,243 shares of the company’s stock worth $1,302,565,000 after acquiring an additional 7,368,058 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 9.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 31,853,469 shares of the company’s stock worth $5,443,439,000 after acquiring an additional 2,711,718 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 3,606,710.7% in the 1st quarter. BNP Paribas Financial Markets now owns 2,705,108 shares of the company’s stock worth $462,276,000 after acquiring an additional 2,705,033 shares during the period. LPL Financial LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 7.8% in the 1st quarter. LPL Financial LLC now owns 18,186,643 shares of the company’s stock worth $3,107,915,000 after acquiring an additional 1,318,823 shares during the period. Finally, Focus Partners Wealth lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 213.6% in the 1st quarter. Focus Partners Wealth now owns 1,891,522 shares of the company’s stock worth $323,242,000 after acquiring an additional 1,288,398 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 11.4%

Shares of BATS:QUAL opened at $196.75 on Friday. The company has a 50 day moving average of $192.87 and a 200-day moving average of $183.59. The firm has a market cap of $57.05 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month 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.