Bank of New York Mellon Corp Decreases Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Bank of New York Mellon Corp lowered its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 18.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,146,084 shares of the company’s stock after selling 473,645 shares during the quarter. Bank of New York Mellon Corp owned 0.81% of iShares MSCI USA Quality Factor ETF worth $382,175,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ellis Investment Partners LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 13.1% in the fourth quarter. Ellis Investment Partners LLC now owns 12,785 shares of the company’s stock valued at $2,277,000 after acquiring an additional 1,481 shares during the period. CreativeOne Wealth LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 43.4% during the 3rd quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock valued at $45,294,000 after purchasing an additional 76,472 shares during the last quarter. Spectrum Planning & Advisory Services Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 7.4% during the 3rd quarter. Spectrum Planning & Advisory Services Inc. now owns 40,398 shares of the company’s stock valued at $7,243,000 after purchasing an additional 2,768 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 37.2% in the 3rd quarter. Principal Financial Group Inc. now owns 9,892 shares of the company’s stock worth $1,774,000 after purchasing an additional 2,682 shares during the period. Finally, MML Investors Services LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.3% in the third quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock worth $512,735,000 after buying an additional 170,321 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 2.7 %

Shares of BATS QUAL opened at $181.44 on Thursday. The firm has a 50 day moving average of $181.70 and a 200 day moving average of $180.35. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The firm has a market capitalization of $50.38 billion, a price-to-earnings ratio of 28.36 and a beta of 1.04.

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.