Joel Isaacson & Co. LLC Increases Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Joel Isaacson & Co. LLC lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 12.8% during the second quarter, HoldingsChannel reports. The institutional investor owned 1,904 shares of the company’s stock after purchasing an additional 216 shares during the period. Joel Isaacson & Co. LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $348,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. OVERSEA CHINESE BANKING Corp Ltd increased its position 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 purchasing an additional 7,368,058 shares during the last quarter. Envestnet Asset Management Inc. increased its position 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 purchasing an additional 2,711,718 shares during the last quarter. BNP Paribas Financial Markets increased its position in shares of iShares MSCI USA Quality Factor ETF by 3,606,710.7% in the first quarter. BNP Paribas Financial Markets now owns 2,705,108 shares of the company’s stock worth $462,276,000 after purchasing an additional 2,705,033 shares during the last quarter. LPL Financial LLC increased its position 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 purchasing an additional 1,318,823 shares during the last quarter. Finally, Focus Partners Wealth increased its position in shares of iShares MSCI USA Quality Factor ETF by 213.6% in the first quarter. Focus Partners Wealth now owns 1,891,522 shares of the company’s stock worth $323,242,000 after purchasing an additional 1,288,398 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 10.8%

QUAL stock opened at $195.75 on Wednesday. The company’s 50 day moving average is $189.70 and its 200 day moving average is $180.02. The stock has a market cap of $56.76 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.