OVERSEA CHINESE BANKING Corp Ltd Cuts Position in iShares MSCI USA Quality Factor ETF $QUAL

OVERSEA CHINESE BANKING Corp Ltd lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,280 shares of the company’s stock after selling 4,643 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares MSCI USA Quality Factor ETF were worth $11,178,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Avantra Family Wealth Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $1,493,000. Dynasty Wealth Management LLC grew its stake in iShares MSCI USA Quality Factor ETF by 18.3% in the 3rd quarter. Dynasty Wealth Management LLC now owns 582,095 shares of the company’s stock valued at $113,218,000 after acquiring an additional 90,195 shares during the last quarter. Cabot Wealth Management Inc. grew its stake in iShares MSCI USA Quality Factor ETF by 8.7% in the 3rd quarter. Cabot Wealth Management Inc. now owns 42,044 shares of the company’s stock valued at $8,177,000 after acquiring an additional 3,369 shares during the last quarter. Insight Inv LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $1,016,000. Finally, CGC Financial Services LLC grew its stake in iShares MSCI USA Quality Factor ETF by 846.1% in the 3rd quarter. CGC Financial Services LLC now owns 149,619 shares of the company’s stock valued at $29,101,000 after acquiring an additional 133,804 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.5%

Shares of BATS QUAL opened at $205.46 on Wednesday. The stock has a market cap of $59.57 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52 week low of $159.37 and a 52 week high of $207.67. The company’s 50-day moving average price is $199.07 and its 200 day moving average price is $198.67.

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.