OVERSEA CHINESE BANKING Corp Ltd lessened its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 10.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 60,923 shares of the company’s stock after selling 6,903 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares MSCI USA Quality Factor ETF were worth $11,850,000 at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in the business. Keener Financial Planning LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the second quarter worth about $29,000. CoreFirst Bank & Trust bought a new stake in iShares MSCI USA Quality Factor ETF in the second quarter worth $33,000. First Horizon Corp bought a new position in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at about $36,000. CX Institutional raised its position in iShares MSCI USA Quality Factor ETF by 151.9% in the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after purchasing an additional 123 shares during the period. Finally, Phillips Financial Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth about $39,000.
iShares MSCI USA Quality Factor ETF Price Performance
Shares of BATS:QUAL opened at $202.47 on Thursday. The firm has a market capitalization of $58.71 billion, a PE ratio of 25.59 and a beta of 1.05. The business has a 50 day simple moving average of $198.17 and a two-hundred day simple moving average of $192.71. 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.
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