iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by 180 Wealth Advisors LLC

180 Wealth Advisors LLC cut its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 12.1% during the 2nd quarter, Holdings Channel reports. The firm owned 1,102 shares of the company’s stock after selling 152 shares during the period. 180 Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $201,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of QUAL. OVERSEA CHINESE BANKING Corp Ltd grew its holdings 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 worth $1,302,565,000 after acquiring an additional 7,368,058 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings 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 acquiring an additional 2,711,718 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 3,606,710.7% in the 1st quarter. BNP Paribas Financial Markets now owns 2,705,108 shares of the company’s stock worth $462,276,000 after acquiring an additional 2,705,033 shares during the last quarter. LPL Financial LLC grew its holdings 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 acquiring an additional 1,318,823 shares during the last quarter. Finally, Focus Partners Wealth grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 213.6% in the 1st quarter. Focus Partners Wealth now owns 1,891,522 shares of the company’s stock worth $323,242,000 after acquiring an additional 1,288,398 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 11.5%

Shares of BATS QUAL opened at $196.89 on Friday. The stock has a market capitalization of $57.09 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock’s fifty day simple moving average is $191.99 and its 200 day simple moving average is $182.64. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26.

About iShares MSCI USA Quality Factor ETF

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.