iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. trimmed its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 19.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,102,345 shares of the company’s stock after selling 6,375,705 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 1.5% of Envestnet Asset Management Inc.’s holdings, making the stock its 7th largest position. Envestnet Asset Management Inc. owned about 0.09% of iShares MSCI USA Quality Factor ETF worth $5,076,906,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Gallagher Fiduciary Advisors LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 13,080.9% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 2,481,960 shares of the company’s stock valued at $453,752,000 after buying an additional 2,463,130 shares in the last quarter. Soundwatch Capital LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 72,284.9% during the 2nd quarter. Soundwatch Capital LLC now owns 2,437,924 shares of the company’s stock worth $445,701,000 after buying an additional 2,434,556 shares during the period. Symphony Financial Ltd. Co. raised its holdings in iShares MSCI USA Quality Factor ETF by 4,818.8% in the 2nd quarter. Symphony Financial Ltd. Co. now owns 1,716,464 shares of the company’s stock worth $313,849,000 after acquiring an additional 1,681,568 shares during the period. Charles Schwab Investment Management Inc. bought a new stake in iShares MSCI USA Quality Factor ETF during the second quarter valued at about $305,974,000. Finally, Cerity Partners LLC increased its stake in shares of 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 period.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL opened at $201.36 on Wednesday. The stock has a 50-day simple moving average of $200.78 and a 200 day simple moving average of $194.65. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The stock has a market capitalization of $58.38 billion, a PE 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.