iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Ridgeline Wealth LLC

Ridgeline Wealth LLC trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 31.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,326 shares of the company’s stock after selling 7,481 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 2.4% of Ridgeline Wealth LLC’s investment portfolio, making the stock its 13th biggest position. Ridgeline Wealth LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,985,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of QUAL. OVERSEA CHINESE BANKING Corp Ltd boosted its holdings in 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 purchasing an additional 7,368,058 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in 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 valued at $5,443,439,000 after purchasing an additional 2,711,718 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in 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 valued at $462,276,000 after purchasing an additional 2,705,033 shares during the last quarter. LPL Financial LLC raised 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 valued at $3,107,915,000 after acquiring an additional 1,318,823 shares during the period. Finally, Focus Partners Wealth raised 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 valued at $323,242,000 after acquiring an additional 1,288,398 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock opened at $192.82 on Friday. The company’s 50 day simple moving average is $187.46 and its 200-day simple moving average is $178.25. The company has a market capitalization of $55.91 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 Company 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.