PNC Financial Services Group Inc. Has $1.40 Billion Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

PNC Financial Services Group Inc. reduced its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,831,955 shares of the company’s stock after selling 256,909 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 0.9% of PNC Financial Services Group Inc.’s holdings, making the stock its 13th biggest holding. PNC Financial Services Group Inc. owned approximately 2.97% of iShares MSCI USA Quality Factor ETF worth $1,404,270,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Halpern Financial Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth $26,000. Barrett & Company Inc. bought a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $27,000. Voisard Asset Management Group Inc. acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth about $27,000. OLD Second National Bank of Aurora bought a new position in iShares MSCI USA Quality Factor ETF in the third quarter valued at about $27,000. Finally, Centennial Bank AR acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at about $29,000.

iShares MSCI USA Quality Factor ETF Trading Up 0.2 %

BATS:QUAL opened at $179.98 on Tuesday. The stock’s 50-day moving average is $179.50 and its 200-day moving average is $173.30. The stock has a market cap of $47.50 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63.

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.