iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Total Clarity Wealth Management Inc.

Total Clarity Wealth Management Inc. lowered its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 45.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,390 shares of the company’s stock after selling 7,064 shares during the period. Total Clarity Wealth Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,534,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 9.3% in 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 during the period. LPL Financial LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.8% in 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 during the period. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings 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 worth $1,302,565,000 after buying an additional 7,368,058 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 5.8% in the first quarter. JPMorgan Chase & Co. now owns 6,961,450 shares of the company’s stock worth $1,189,642,000 after buying an additional 380,904 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.7% in the first quarter. Ameriprise Financial Inc. now owns 5,143,391 shares of the company’s stock worth $878,890,000 after buying an additional 324,478 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $190.99 on Monday. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $187.26. The company has a 50-day moving average of $190.33 and a two-hundred day moving average of $180.45. The stock has a market cap of $55.38 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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.