Bay Colony Advisory Group Inc d b a Bay Colony Advisors Sells 398 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Bay Colony Advisory Group Inc d b a Bay Colony Advisors trimmed its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,980 shares of the company’s stock after selling 398 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in iShares MSCI USA Quality Factor ETF were worth $2,007,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 2.0% in 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 grew its position 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 valued at $3,107,915,000 after acquiring an additional 1,318,823 shares during the period. OVERSEA CHINESE BANKING Corp Ltd grew its position 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 valued at $1,302,565,000 after acquiring an additional 7,368,058 shares during the period. JPMorgan Chase & Co. grew its holdings 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 worth $1,189,642,000 after purchasing an additional 380,904 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 6.7% during the first quarter. Ameriprise Financial Inc. now owns 5,143,391 shares of the company’s stock worth $878,890,000 after purchasing an additional 324,478 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $196.75 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 stock has a 50-day simple moving average of $192.87 and a 200 day simple moving average of $183.59. The stock has a market capitalization of $57.05 billion, a P/E 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.