iShares MSCI USA Quality Factor ETF $QUAL Stake Lessened by Journey Advisory Group LLC

Journey Advisory Group LLC lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 128,492 shares of the company’s stock after selling 5,593 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 1.8% of Journey Advisory Group LLC’s portfolio, making the stock its 9th largest position. Journey Advisory Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $23,491,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its position 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 valued at $5,443,439,000 after buying an additional 2,711,718 shares during the period. LPL Financial LLC increased its position 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 valued at $3,107,915,000 after buying an additional 1,318,823 shares during the period. OVERSEA CHINESE BANKING Corp Ltd increased its position 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 valued at $1,302,565,000 after buying an additional 7,368,058 shares during the period. JPMorgan Chase & Co. increased its position 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 valued at $1,189,642,000 after buying an additional 380,904 shares during the period. Finally, Ameriprise Financial Inc. increased its position 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 valued at $878,890,000 after buying an additional 324,478 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $193.56 on Monday. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The company’s 50-day moving average is $191.15 and its 200 day moving average is $181.19. The stock has a market capitalization of $56.12 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.