iShares MSCI USA Quality Factor ETF $QUAL is Interactive Financial Advisors Inc.’s 8th Largest Position

Interactive Financial Advisors Inc. decreased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.3% in the 2nd quarter, Holdings Channel reports. The firm owned 37,857 shares of the company’s stock after selling 2,551 shares during the period. iShares MSCI USA Quality Factor ETF comprises 3.4% of Interactive Financial Advisors Inc.’s investment portfolio, making the stock its 8th largest holding. Interactive Financial Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,921,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Envestnet Asset Management Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 9.3% during the first quarter. Envestnet Asset Management Inc. now owns 31,853,469 shares of the company’s stock worth $5,443,439,000 after purchasing an additional 2,711,718 shares in the last quarter. LPL Financial LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.8% during the first 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 in the last quarter. OVERSEA CHINESE BANKING Corp Ltd grew its holdings in shares of 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 worth $1,302,565,000 after purchasing an additional 7,368,058 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 5.8% during the first quarter. JPMorgan Chase & Co. now owns 6,961,450 shares of the company’s stock worth $1,189,642,000 after purchasing an additional 380,904 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.7% during the first quarter. Ameriprise Financial Inc. now owns 5,143,391 shares of the company’s stock worth $878,890,000 after purchasing an additional 324,478 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 8.8%

Shares of BATS QUAL opened at $192.20 on Friday. The business has a 50-day moving average of $191.00 and a 200-day moving average of $180.97. The firm has a market capitalization of $55.73 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month 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.