iShares MSCI USA Quality Factor ETF (BATS:QUAL) Stock Position Decreased by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 46.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,207 shares of the company’s stock after selling 11,533 shares during the period. Chicago Partners Investment Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,375,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of QUAL. Envestnet Asset Management Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 3.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock valued at $4,787,771,000 after acquiring an additional 999,735 shares in the last quarter. LPL Financial LLC increased its stake in iShares MSCI USA Quality Factor ETF by 5.6% in the 2nd quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock valued at $2,352,213,000 after buying an additional 727,760 shares during the period. Ameriprise Financial Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 21.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock worth $821,412,000 after buying an additional 863,219 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 5.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,106,475 shares of the company’s stock worth $530,462,000 after buying an additional 172,340 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 3.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,372,410 shares of the company’s stock valued at $405,113,000 after buying an additional 73,653 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 0.4 %

BATS QUAL opened at $177.09 on Friday. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The firm’s fifty day simple moving average is $178.18 and its 200-day simple moving average is $171.44. The company has a market capitalization of $46.73 billion, a PE ratio of 23.03 and a beta of 1.03.

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.