OVERSEA CHINESE BANKING Corp Ltd Sells 6,903 Shares of iShares MSCI USA Quality Factor ETF $QUAL

OVERSEA CHINESE BANKING Corp Ltd lessened its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor 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 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in QUAL. Keener Financial Planning LLC bought a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at approximately $29,000. CoreFirst Bank & Trust purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth $33,000. First Horizon Corp bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at $36,000. CX Institutional boosted its position in shares of iShares MSCI USA Quality Factor ETF by 151.9% during the second quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after buying an additional 123 shares during the last quarter. Finally, Phillips Financial Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $39,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $202.47 on Thursday. The firm has a market cap of $58.71 billion, a price-to-earnings 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 fifty-two week low of $148.34 and a fifty-two week high of $187.26.

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.