iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Bought by Sound Income Strategies LLC

Sound Income Strategies LLC grew its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 627.2% in the second quarter, HoldingsChannel reports. The fund owned 909 shares of the company’s stock after acquiring an additional 784 shares during the quarter. Sound Income Strategies LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $123,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. increased its holdings in iShares MSCI USA Quality Factor ETF by 479.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 29,707,929 shares of the company’s stock worth $3,685,714,000 after acquiring an additional 24,582,578 shares in the last quarter. FMR LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 2.0% in the 1st quarter. FMR LLC now owns 12,827,329 shares of the company’s stock worth $1,591,423,000 after buying an additional 257,139 shares during the last quarter. LPL Financial LLC increased its stake in iShares MSCI USA Quality Factor ETF by 46.2% during the 1st quarter. LPL Financial LLC now owns 12,348,358 shares of the company’s stock worth $1,531,999,000 after buying an additional 3,901,463 shares in the last quarter. BlackRock Inc. raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 145.7% during the first quarter. BlackRock Inc. now owns 6,831,614 shares of the company’s stock valued at $847,564,000 after acquiring an additional 4,051,296 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in iShares MSCI USA Quality Factor ETF by 27.3% in the 1st quarter. Bank of America Corp DE now owns 6,243,670 shares of the company’s stock valued at $774,621,000 after purchasing an additional 1,340,899 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 1.5 %

iShares MSCI USA Quality Factor ETF stock opened at $136.09 on Friday. The company has a fifty day simple moving average of $137.48 and a 200-day simple moving average of $129.80. The firm has a market capitalization of $30.78 billion, a price-to-earnings ratio of 16.30 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63.

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.