iShares MSCI USA Quality Factor ETF (BATS:QUAL) is SPC Financial Inc.’s 7th Largest Position

SPC Financial Inc. trimmed its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 184,637 shares of the company’s stock after selling 11,551 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 2.9% of SPC Financial Inc.’s portfolio, making the stock its 7th largest position. SPC Financial Inc. owned approximately 0.07% of iShares MSCI USA Quality Factor ETF worth $33,105,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 3.7% during the second quarter. Envestnet Asset Management Inc. now owns 28,038,014 shares of the company’s stock worth $4,787,771,000 after acquiring an additional 999,735 shares during the last quarter. LPL Financial LLC grew its position in iShares MSCI USA Quality Factor ETF by 5.6% during 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 during the last quarter. Ameriprise Financial Inc. increased its stake in iShares MSCI USA Quality Factor ETF by 21.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,808,994 shares of the company’s stock valued at $821,412,000 after purchasing an additional 863,219 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of 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 worth $530,462,000 after buying an additional 172,340 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 3.2% during the second quarter. Bank of New York Mellon Corp now owns 2,372,410 shares of the company’s stock worth $405,113,000 after buying an additional 73,653 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $181.92 on Thursday. The company’s fifty day moving average price is $176.52 and its 200-day moving average price is $169.88. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The firm has a market capitalization of $48.01 billion, a PE ratio of 23.03 and a beta of 1.03.

About iShares MSCI USA Quality Factor ETF

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.