Bank of New York Mellon Corp Has $164.21 Million Stake in iShares MSCI USA Quality Factor ETF $QUAL

Bank of New York Mellon Corp lifted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 9.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 856,096 shares of the company’s stock after buying an additional 70,330 shares during the period. Bank of New York Mellon Corp’s holdings in iShares MSCI USA Quality Factor ETF were worth $164,208,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. MML Investors Services LLC increased its stake in iShares MSCI USA Quality Factor ETF by 1.3% during the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after acquiring an additional 44,285 shares during the period. Orgel Wealth Management LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 1.5% in the fourth quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock worth $605,901,000 after purchasing an additional 44,952 shares during the period. Facet Wealth Inc. raised its stake in iShares MSCI USA Quality Factor ETF by 9.9% in the fourth quarter. Facet Wealth Inc. now owns 2,888,100 shares of the company’s stock valued at $589,952,000 after purchasing an additional 259,414 shares in the last quarter. Focus Partners Wealth raised its stake in iShares MSCI USA Quality Factor ETF by 11.2% in the fourth quarter. Focus Partners Wealth now owns 2,386,956 shares of the company’s stock valued at $474,097,000 after purchasing an additional 240,881 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in iShares MSCI USA Quality Factor ETF by 3.1% during the third quarter. Raymond James Financial Inc. now owns 2,040,575 shares of the company’s stock worth $396,892,000 after purchasing an additional 62,154 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Down 1.3%

Shares of iShares MSCI USA Quality Factor ETF stock opened at $217.87 on Friday. The company has a market capitalization of $63.17 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $181.65 and a 12-month high of $221.16. The firm’s 50-day moving average price is $215.49 and its two-hundred day moving average price is $206.19.

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