Prudential PLC Reduces Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Prudential PLC lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 37.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,306 shares of the company’s stock after selling 2,021 shares during the quarter. Prudential PLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $565,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. Envestnet Asset Management Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 2.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 26,751,547 shares of the company’s stock worth $3,936,223,000 after acquiring an additional 744,380 shares during the last quarter. UBS Group AG boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 4.9% during the 4th quarter. UBS Group AG now owns 4,276,029 shares of the company’s stock worth $629,175,000 after acquiring an additional 200,655 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 30.0% during the 4th quarter. Wells Fargo & Company MN now owns 3,886,985 shares of the company’s stock worth $571,931,000 after acquiring an additional 897,256 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake 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 worth $530,462,000 after acquiring an additional 172,340 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake 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 worth $405,113,000 after acquiring an additional 73,653 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $176.06 on Friday. The stock has a market cap of $46.46 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. The firm’s fifty day moving average is $172.50 and its 200 day moving average is $167.09. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two 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.