Opulen Financial Group LLC Grows Stake in iShares MSCI USA Quality Factor ETF $QUAL

Opulen Financial Group LLC lifted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,922 shares of the company’s stock after buying an additional 240 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 1.0% of Opulen Financial Group LLC’s investment portfolio, making the stock its 22nd biggest position. Opulen Financial Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,265,000 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. Envestnet Asset Management Inc. boosted its stake in shares of 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 worth $5,443,439,000 after buying an additional 2,711,718 shares during the last quarter. LPL Financial LLC boosted 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 worth $3,107,915,000 after buying an additional 1,318,823 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 2,898.7% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 7,622,243 shares of the company’s stock worth $1,302,565,000 after acquiring an additional 7,368,058 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 5.8% during the 1st quarter. JPMorgan Chase & Co. now owns 6,961,450 shares of the company’s stock worth $1,189,642,000 after acquiring an additional 380,904 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 6.7% during the 1st quarter. Ameriprise Financial Inc. now owns 5,143,391 shares of the company’s stock worth $878,890,000 after acquiring an additional 324,478 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $195.75 on Wednesday. The company’s fifty day simple moving average is $189.70 and its 200-day simple moving average is $180.02. The stock has a market capitalization of $56.76 billion, a PE 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.