iShares MSCI USA Quality Factor ETF $QUAL is Retirement Wealth Solutions LLC’s 10th Largest Position

Retirement Wealth Solutions LLC grew its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,360 shares of the company’s stock after buying an additional 1,498 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 2.7% of Retirement Wealth Solutions LLC’s holdings, making the stock its 10th biggest holding. Retirement Wealth Solutions LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,722,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. 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 valued at $5,443,439,000 after purchasing an additional 2,711,718 shares in 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 valued at $3,107,915,000 after purchasing an additional 1,318,823 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 2,898.7% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 7,622,243 shares of the company’s stock valued at $1,302,565,000 after purchasing an additional 7,368,058 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 5.8% in the 1st quarter. JPMorgan Chase & Co. now owns 6,961,450 shares of the company’s stock valued at $1,189,642,000 after purchasing an additional 380,904 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 6.7% in the 1st quarter. Ameriprise Financial Inc. now owns 5,143,391 shares of the company’s stock valued at $878,890,000 after purchasing an additional 324,478 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $190.93 on Friday. 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 $55.36 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company has a fifty day moving average of $186.71 and a 200-day moving average of $177.87.

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.