iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Sold by M&T Bank Corp

M&T Bank Corp lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,805,400 shares of the company’s stock after selling 244,792 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 2.3% of M&T Bank Corp’s investment portfolio, making the stock its 8th largest holding. M&T Bank Corp owned approximately 1.44% of iShares MSCI USA Quality Factor ETF worth $677,665,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of QUAL. FMR LLC grew its position in iShares MSCI USA Quality Factor ETF by 7.9% in the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after acquiring an additional 1,160,410 shares in the last quarter. LPL Financial LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 6.9% in the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock valued at $2,640,340,000 after buying an additional 950,857 shares during the last quarter. Keybank National Association OH lifted its stake in iShares MSCI USA Quality Factor ETF by 1.7% in the fourth quarter. Keybank National Association OH now owns 3,964,384 shares of the company’s stock valued at $705,977,000 after buying an additional 64,819 shares during the last quarter. MML Investors Services LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.3% during the third quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock valued at $512,735,000 after purchasing an additional 170,321 shares during the period. Finally, Cerity Partners LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 7.2% during the third quarter. Cerity Partners LLC now owns 2,583,297 shares of the company’s stock valued at $463,185,000 after purchasing an additional 173,127 shares during the period.

iShares MSCI USA Quality Factor ETF Trading Up 0.3 %

Shares of QUAL opened at $177.25 on Wednesday. The business’s 50-day moving average price is $181.72 and its 200 day moving average price is $180.61. The stock has a market capitalization of $49.22 billion, a P/E ratio of 28.36 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 1-year low of $154.17 and a 1-year 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.