Bank of New York Mellon Corp Sells 452,337 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Bank of New York Mellon Corp decreased its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 36.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 785,766 shares of the company’s stock after selling 452,337 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares MSCI USA Quality Factor ETF were worth $156,069,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Goldman Sachs Group Inc. raised its position in iShares MSCI USA Quality Factor ETF by 403.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock worth $220,005,000 after purchasing an additional 887,478 shares in the last quarter. Palatine Hill Wealth Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $572,000. Camden National Bank boosted its holdings in iShares MSCI USA Quality Factor ETF by 19.9% during the fourth quarter. Camden National Bank now owns 1,304 shares of the company’s stock valued at $259,000 after purchasing an additional 216 shares in the last quarter. Vantus Wealth LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $1,083,000. Finally, Root Financial Partners LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 32.6% in the 4th quarter. Root Financial Partners LLC now owns 2,208 shares of the company’s stock worth $439,000 after buying an additional 543 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

iShares MSCI USA Quality Factor ETF stock opened at $213.14 on Friday. The company has a market capitalization of $61.80 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a one year low of $175.20 and a one year high of $217.65. The business has a 50 day simple moving average of $206.13 and a 200 day simple moving average of $202.13.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.