Bank of New York Mellon Corp Sells 355,221 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Bank of New York Mellon Corp trimmed its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 22.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,238,103 shares of the company’s stock after selling 355,221 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.43% of iShares MSCI USA Quality Factor ETF worth $240,811,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Keener Financial Planning LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth $29,000. CoreFirst Bank & Trust bought a new stake in iShares MSCI USA Quality Factor ETF in the 2nd quarter worth $33,000. First Horizon Corp purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at about $36,000. Phillips Financial Management LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at about $39,000. Finally, Legacy Investment Solutions LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter valued at about $40,000.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $204.81 on Friday. The stock has a market capitalization of $59.38 billion, a PE ratio of 25.59 and a beta of 1.05. The business’s 50-day moving average is $200.26 and its 200 day moving average is $194.10. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26.

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.