Yoder Wealth Management Inc. Reduces Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Yoder Wealth Management Inc. lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,730 shares of the company’s stock after selling 1,033 shares during the period. iShares MSCI USA Quality Factor ETF accounts for approximately 4.2% of Yoder Wealth Management Inc.’s investment portfolio, making the stock its 5th largest holding. Yoder Wealth Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $8,143,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 9.3% in the first quarter. Envestnet Asset Management Inc. now owns 31,853,469 shares of the company’s stock valued at $5,443,439,000 after purchasing an additional 2,711,718 shares during the last quarter. LPL Financial LLC grew its stake in 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 purchasing an additional 1,318,823 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd grew its stake in iShares MSCI USA Quality Factor ETF by 2,898.7% in the first 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. JPMorgan Chase & Co. grew its stake in iShares MSCI USA Quality Factor ETF by 5.8% in the first quarter. JPMorgan Chase & Co. now owns 6,961,450 shares of the company’s stock valued at $1,189,642,000 after purchasing an additional 380,904 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 6.7% in the first quarter. Ameriprise Financial Inc. now owns 5,143,391 shares of the company’s stock valued at $878,890,000 after purchasing an additional 324,478 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $196.47 on Friday. The business’s 50-day moving average is $189.31 and its two-hundred day moving average is $179.59. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The firm has a market capitalization of $56.97 billion, a PE ratio of 25.59 and a beta of 1.05.

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.