iShares MSCI USA Quality Factor ETF $QUAL is Keystone Financial Services’ 3rd Largest Position

Keystone Financial Services grew its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 128,858 shares of the company’s stock after buying an additional 5,856 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 8.0% of Keystone Financial Services’ portfolio, making the stock its 3rd largest position. Keystone Financial Services’ holdings in iShares MSCI USA Quality Factor ETF were worth $23,558,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 2.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 32,478,050 shares of the company’s stock worth $5,937,618,000 after purchasing an additional 624,581 shares during the period. LPL Financial LLC lifted 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 valued at $3,107,915,000 after purchasing an additional 1,318,823 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd lifted 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 valued at $1,302,565,000 after purchasing an additional 7,368,058 shares in the last quarter. JPMorgan Chase & Co. boosted its position 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. grew its holdings in shares of 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 valued at $878,890,000 after buying an additional 324,478 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 9.4%

BATS:QUAL opened at $193.17 on Friday. The business’s fifty day moving average price is $193.54 and its 200 day moving average price is $184.95. The firm has a market capitalization of $56.01 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26.

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.