iShares MSCI USA Quality Factor ETF (BATS:QUAL) Stock Position Lessened by CreativeOne Wealth LLC

CreativeOne Wealth LLC reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 29.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 176,146 shares of the company’s stock after selling 73,364 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 1.5% of CreativeOne Wealth LLC’s holdings, making the stock its 8th largest holding. CreativeOne Wealth LLC owned 0.07% of iShares MSCI USA Quality Factor ETF worth $30,079,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $179.01 on Tuesday. The firm has a market cap of $47.24 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63. The stock has a 50 day simple moving average of $173.04 and a two-hundred day simple moving average of $167.99.

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.