Bank of New York Mellon Corp increased its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 9.0% in the 1st quarter, according to its most recent 13F filing with the SEC. 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 owned 0.30% of iShares MSCI USA Quality Factor ETF worth $164,208,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also bought and sold shares of the company. Advocate Investing Services LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $25,000. Resources Management Corp CT ADV bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter worth approximately $27,000. Financial Life Planners acquired a new stake in iShares MSCI USA Quality Factor ETF during the 1st quarter worth approximately $28,000. Ares Financial Consulting LLC acquired a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $30,000. Finally, Cornerstone Financial Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $30,000.
iShares MSCI USA Quality Factor ETF Price Performance
Shares of BATS QUAL opened at $217.87 on Friday. The stock’s fifty day moving average price is $215.49 and its two-hundred day moving average price is $206.19. iShares MSCI USA Quality Factor ETF has a one year low of $181.65 and a one year high of $221.16. The firm has a market cap of $63.17 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.
iShares MSCI USA Quality Factor ETF Company 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.
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