BNP Paribas Financial Markets Sells 6,595 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

BNP Paribas Financial Markets lessened its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 61.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,211 shares of the company’s stock after selling 6,595 shares during the period. BNP Paribas Financial Markets’ holdings in iShares MSCI USA Quality Factor ETF were worth $755,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Lantz Financial LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 5.9% in the second quarter. Lantz Financial LLC now owns 28,397 shares of the company’s stock valued at $4,849,000 after purchasing an additional 1,589 shares during the last quarter. Diversified Trust Co lifted its position in iShares MSCI USA Quality Factor ETF by 3.5% during the second quarter. Diversified Trust Co now owns 3,766 shares of the company’s stock worth $643,000 after acquiring an additional 129 shares during the last quarter. Great Valley Advisor Group Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 8.4% during the second quarter. Great Valley Advisor Group Inc. now owns 4,717 shares of the company’s stock worth $806,000 after acquiring an additional 367 shares during the period. Galvin Gaustad & Stein LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth approximately $282,000. Finally, Silver Lake Advisory LLC acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $3,100,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.5 %

Shares of BATS QUAL opened at $186.12 on Thursday. The firm has a market cap of $49.12 billion, a P/E ratio of 23.03 and a beta of 1.03. The business’s 50 day moving average is $182.00 and its 200-day moving average is $175.83. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63.

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.