Soundwatch Capital LLC Lowers Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Soundwatch Capital LLC trimmed its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 99.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,620 shares of the company’s stock after selling 2,433,304 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 0.1% of Soundwatch Capital LLC’s holdings, making the stock its 16th biggest position. Soundwatch Capital LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $899,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its holdings 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 valued at $5,937,618,000 after acquiring an additional 624,581 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.7% in the second quarter. JPMorgan Chase & Co. now owns 7,012,339 shares of the company’s stock valued at $1,281,996,000 after purchasing an additional 50,889 shares in the last quarter. Cerity Partners LLC increased its position in iShares MSCI USA Quality Factor ETF by 39.6% in the second quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock worth $686,910,000 after purchasing an additional 1,065,946 shares during the last quarter. MML Investors Services LLC raised its stake in iShares MSCI USA Quality Factor ETF by 1.3% during the second quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock valued at $631,514,000 after purchasing an additional 44,285 shares in the last quarter. Finally, CWM LLC raised its stake in iShares MSCI USA Quality Factor ETF by 1.9% during the second quarter. CWM LLC now owns 3,387,135 shares of the company’s stock valued at $619,236,000 after purchasing an additional 64,226 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 15.4%

Shares of BATS:QUAL opened at $203.85 on Friday. The firm has a fifty day simple moving average of $201.01 and a two-hundred day simple moving average of $194.86. 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 market capitalization of $59.11 billion, a P/E ratio of 25.59 and a beta of 1.05.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.