iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Bank of America Corp DE

Bank of America Corp DE reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,144,663 shares of the company’s stock after selling 323,888 shares during the quarter. Bank of America Corp DE owned approximately 2.46% of iShares MSCI USA Quality Factor ETF worth $1,389,637,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 25.3% in the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock valued at $1,786,000 after purchasing an additional 2,023 shares during the period. Heck Capital Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $81,990,000. Bison Wealth LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 21.6% during the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock valued at $3,395,000 after buying an additional 3,383 shares during the period. AQR Capital Management LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 45.5% in the first quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after acquiring an additional 6,152 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 88.9% in the first quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock valued at $22,591,000 after acquiring an additional 62,219 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of iShares MSCI USA Quality Factor ETF stock opened at $195.15 on Monday. The stock has a 50 day moving average of $202.43 and a 200 day moving average of $197.72. The firm has a market capitalization of $56.58 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $205.65.

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.