Rehmann Capital Advisory Group Increases Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Rehmann Capital Advisory Group boosted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 34.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,987 shares of the company’s stock after purchasing an additional 770 shares during the period. Rehmann Capital Advisory Group’s holdings in iShares MSCI USA Quality Factor ETF were worth $546,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its stake 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 acquiring an additional 2,711,718 shares in the last quarter. LPL Financial LLC grew its stake in iShares MSCI USA Quality Factor ETF by 7.8% during 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 increased its holdings in iShares MSCI USA Quality Factor ETF by 2,898.7% during 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 purchasing an additional 7,368,058 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in iShares MSCI USA Quality Factor ETF by 5.8% during the 1st 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 during the last quarter. Finally, Ameriprise Financial Inc. raised its position 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 Trading Up 11.0%

iShares MSCI USA Quality Factor ETF stock opened at $196.11 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 cap of $56.86 billion, a P/E ratio of 25.59 and a beta of 1.05. The stock has a 50 day moving average of $191.81 and a 200-day moving average of $182.12.

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.