KPP Advisory Services LLC Purchases 1,379 Shares of iShares MSCI USA Quality Factor ETF $QUAL

KPP Advisory Services LLC increased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,020 shares of the company’s stock after buying an additional 1,379 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 2.2% of KPP Advisory Services LLC’s holdings, making the stock its 10th largest position. KPP Advisory Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,962,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of QUAL. OVERSEA CHINESE BANKING Corp Ltd lifted its stake in iShares MSCI USA Quality Factor ETF by 2,898.7% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 7,622,243 shares of the company’s stock valued at $1,302,565,000 after buying an additional 7,368,058 shares in the last quarter. Envestnet Asset Management Inc. lifted its position 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 acquiring an additional 2,711,718 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in 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 purchasing an additional 2,705,033 shares during the period. LPL Financial LLC boosted its stake in 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 purchasing an additional 1,318,823 shares during the period. Finally, Focus Partners Wealth grew its position in iShares MSCI USA Quality Factor ETF by 213.6% during the 1st quarter. Focus Partners Wealth now owns 1,891,522 shares of the company’s stock worth $323,242,000 after purchasing an additional 1,288,398 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 11.2%

QUAL opened at $196.47 on Monday. The firm has a market capitalization of $56.97 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock has a fifty day moving average of $189.31 and a 200-day moving average of $179.69. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26.

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.