Sharkey Howes & Javer Has $55.33 Million Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Sharkey Howes & Javer lowered its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 0.3% in the 2nd quarter, HoldingsChannel reports. The fund owned 302,641 shares of the company’s stock after selling 1,048 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 7.4% of Sharkey Howes & Javer’s holdings, making the stock its 2nd largest holding. Sharkey Howes & Javer’s holdings in iShares MSCI USA Quality Factor ETF were worth $55,329,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in QUAL. OVERSEA CHINESE BANKING Corp Ltd increased its position in shares of 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 valued at $1,302,565,000 after purchasing an additional 7,368,058 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in 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 worth $5,443,439,000 after buying an additional 2,711,718 shares during the period. BNP Paribas Financial Markets increased its position in iShares MSCI USA Quality Factor ETF by 3,606,710.7% during the first quarter. BNP Paribas Financial Markets now owns 2,705,108 shares of the company’s stock valued at $462,276,000 after acquiring an additional 2,705,033 shares during the last quarter. LPL Financial LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 7.8% in the first quarter. LPL Financial LLC now owns 18,186,643 shares of the company’s stock valued at $3,107,915,000 after acquiring an additional 1,318,823 shares during the period. Finally, Focus Partners Wealth raised its stake in shares of iShares MSCI USA Quality Factor ETF by 213.6% in the first quarter. Focus Partners Wealth now owns 1,891,522 shares of the company’s stock valued at $323,242,000 after acquiring an additional 1,288,398 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 8.3%

QUAL stock opened at $191.23 on Thursday. The stock has a market cap of $55.45 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $187.26. The company has a 50-day moving average price of $187.14 and a 200 day moving average price of $178.06.

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.