Hsbc Holdings PLC Has $17.55 Million Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Hsbc Holdings PLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 12.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 102,754 shares of the company’s stock after purchasing an additional 11,671 shares during the period. Hsbc Holdings PLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $17,546,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of QUAL. Envestnet Asset Management Inc. increased its position in iShares MSCI USA Quality Factor ETF by 3.7% in the second quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock worth $4,787,771,000 after purchasing an additional 999,735 shares during the period. LPL Financial LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 5.6% during the second quarter. LPL Financial LLC now owns 13,774,967 shares of the company’s stock worth $2,352,213,000 after buying an additional 727,760 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 5.9% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,106,475 shares of the company’s stock valued at $530,462,000 after buying an additional 172,340 shares during the period. Bank of New York Mellon Corp boosted its stake in iShares MSCI USA Quality Factor ETF by 3.2% in the second quarter. Bank of New York Mellon Corp now owns 2,372,410 shares of the company’s stock valued at $405,113,000 after acquiring an additional 73,653 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its holdings in iShares MSCI USA Quality Factor ETF by 1.0% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,369,906 shares of the company’s stock worth $404,685,000 after acquiring an additional 22,546 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Down 0.3 %

QUAL stock opened at $178.40 on Monday. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The business’s fifty day moving average is $172.96 and its 200-day moving average is $167.88. The company has a market cap of $47.08 billion, a P/E ratio of 23.03 and a beta of 1.03.

iShares MSCI USA Quality Factor ETF 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.