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Portfolio Holdings Detail for ISIN IE00BP3QZ601
Stock Name / FundiShares Edge MSCI World Quality Factor UCITS ETF
IssuerBlackrock
Entity holding fund iShares IV Public Limited Company
Entity TypeUmbrella investment company with variable capital and having segregated liability between its funds
Entity LEI 549300ZP07LMR36K1T02
ETF TickerIWFQ(GBX) LSE
ETF TickerIS3Q(EUR) F
ETF TickerIS3Q.DE(EUR) CXE
ETF TickerIWFQ.LS(GBX) CXE
ETF TickerIWQU.LS(USD) CXE
ETF TickerIWQU.MI(EUR) CXE
ETF TickerIWQU(EUR) ETF Plus
ETF TickerIWFQ.L(GBP) LSE

Holdings detail for UNP

Stock NameUnion Pacific Corporation
TickerUNP(EUR) F
TYPECommon Stock
CountryGermany
ISINUS9078181081
LEI549300LMMRSZZCZ8CL11

Show aggregate UNP holdings

News associated with UNP

Union Pacific (NYSE:UNP) Upgraded to Hold at Loop Capital
Union Pacific (NYSE:UNP – Get Free Report) was upgraded by stock analysts at Loop Capital from a “sell” rating to a “hold” rating in a report released on Tuesday, MarketBeat reports. The brokerage currently has a $227.00 price target on the railroad operator’s stock, up from their prior price target of $214.00. Loop Capital’s price […] - 2025-09-18 02:50:41
Union Pacific (NYSE:UNP) Rating Increased to Buy at Citigroup
Union Pacific (NYSE:UNP – Get Free Report) was upgraded by investment analysts at Citigroup from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. The firm currently has a $251.00 price target on the railroad operator’s stock, up from their previous price target […] - 2025-09-17 02:48:41
SPXL, ACN, COF, UNP: ETF Outflow Alert
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Direxion Daily S&P 500 Bull 3X (Symbol: SPXL) where we have detected an approximate $208.8 million dollar outflow -- that's a 3.7% decrease week - 2025-09-11 11:58:30
Union Pacific Corporation (NYSE:UNP) Receives $258.21 Consensus Target Price from Analysts
Union Pacific Corporation (NYSE:UNP – Get Free Report) has earned an average rating of “Moderate Buy” from the twenty-six brokerages that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, ten have issued a hold rating, fourteen have given a buy rating and one has given a […] - 2025-09-08 02:50:51
The Trillion-Dollar AI Question
In this podcast, Motley Fool analyst Tim Beyers and contributors Travis Hoium and Lou Whiteman discuss: - 2025-09-05 22:27:00
FlexShares Quality Dividend Index Fund Experiences Big Inflow
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the FlexShares Quality Dividend Index Fund (Symbol: QDF) where we have detected an approximate $182.0 million dollar inflow -- that's a 9.5% increase wee - 2025-09-03 12:17:20
Top Stock Reports for Eli Lilly, Oracle & Procter & Gamble
Today's Research Daily features new research reports on 16 major stocks, including Eli Lilly, Oracle, and Procter & Gamble, as well as a micro-cap stock, Comstock. - 2025-08-28 18:59:00
Stocks Settle Lower as Bond Yields Rise
The S&P 500 Index ($SPX ) (SPY ) on Monday closed down by -0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.31%. September E-mini S&P futures (ESU25 ) fell -0.37%, and September... - 2025-08-26 15:49:42
Stocks Settle Lower as Bond Yields Rise
The S&P 500 Index ($SPX ) (SPY ) on Monday closed down by -0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.31%. September E-mini S&P futures (ESU25 ) fell -0.37%, and September... - 2025-08-26 14:48:40
Stocks Settle Lower as Bond Yields Rise
The S&P 500 Index ($SPX ) (SPY ) on Monday closed down by -0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.31%. September E-mini S&P futures (ESU25 ) fell -0.37%, and September... - 2025-08-26 14:43:18
Stocks Settle Lower as Bond Yields Rise
The S&P 500 Index ($SPX ) (SPY ) on Monday closed down by -0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.31%. September E-mini S&P futures (ESU25 ) fell -0.37%, and September... - 2025-08-26 12:51:48
Stocks Settle Lower as Bond Yields Rise
The S&P 500 Index ($SPX ) (SPY ) on Monday closed down by -0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.31%. September E-mini S&P futures (ESU25 ) fell -0.37%, and September... - 2025-08-26 12:40:58
Stocks Settle Lower as Bond Yields Rise
The S&P 500 Index ($SPX ) (SPY ) on Monday closed down by -0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.31%. September E-mini S&P futures (ESU25 ) fell -0.37%, and September... - 2025-08-26 10:18:48
Stocks Settle Lower as Bond Yields Rise
The S&P 500 Index ($SPX ) (SPY ) on Monday closed down by -0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.31%. September E-mini S&P futures (ESU25 ) fell -0.37%, and September... - 2025-08-26 08:48:51
Stocks Settle Lower as Bond Yields Rise
The S&P 500 Index ($SPX ) (SPY ) on Monday closed down by -0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.31%. September E-mini S&P futures (ESU25 ) fell -0.37%, and September... - 2025-08-26 08:36:15
Stocks Settle Lower as Bond Yields Rise
The S&P 500 Index ($SPX ) (SPY ) on Monday closed down by -0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.31%. September E-mini S&P futures (ESU25 ) fell -0.37%, and September... - 2025-08-26 05:55:29
Stocks Settle Lower as Bond Yields Rise
The S&P 500 Index ($SPX ) (SPY ) on Monday closed down by -0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.31%. September E-mini S&P futures (ESU25 ) fell -0.37%, and September... - 2025-08-26 02:07:15
Avantis U.S. Large Cap Value ETF Experiences Big Inflow
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Avantis U.S. Large Cap Value ETF (Symbol: AVLV) where we have detected an approximate $211.8 million dollar inflow -- that's a 2.6% increase week ove - 2025-08-18 11:52:48
Union Pacific (NYSE:UNP) Rating Lowered to “Hold” at Argus
Argus downgraded shares of Union Pacific (NYSE:UNP – Free Report) from a buy rating to a hold rating in a report issued on Tuesday morning, Marketbeat.com reports. A number of other equities research analysts have also recently commented on the stock. Evercore ISI decreased their target price on shares of Union Pacific from $244.00 to […] - 2025-08-13 04:34:45
Union Pacific Corporation (NYSE:UNP) Given Average Rating of “Moderate Buy” by Brokerages
Union Pacific Corporation (NYSE:UNP – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the twenty-seven analysts that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation, fourteen have given a buy recommendation and two have […] - 2025-08-11 02:28:50
After Sitting on the Sidelines For 14 Months, Warren Buffett Could Be Buying One of His Favorite Stocks Again
Key PointsWarren Buffett has been a net seller of stocks in each of the last 11 quarters. - 2025-08-10 19:23:00
Union Pacific (NYSE:UNP) and Alstom (OTCMKTS:ALSMY) Head to Head Review
Union Pacific (NYSE:UNP – Get Free Report) and Alstom (OTCMKTS:ALSMY – Get Free Report) are both large-cap transportation companies, but which is the better business? We will compare the two companies based on the strength of their dividends, analyst recommendations, profitability, earnings, risk, institutional ownership and valuation. Valuation & Earnings This table compares Union Pacific […] - 2025-08-08 04:42:49
Susquehanna Issues Pessimistic Forecast for Union Pacific (NYSE:UNP) Stock Price
Union Pacific (NYSE:UNP – Get Free Report) had its target price cut by stock analysts at Susquehanna from $260.00 to $257.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has a “positive” rating on the railroad operator’s stock. Susquehanna’s price target would suggest a potential upside of 15.68% […] - 2025-08-01 05:06:48
Union Pacific (NYSE:UNP) Price Target Raised to $276.00
Union Pacific (NYSE:UNP – Get Free Report) had its target price lifted by stock analysts at Royal Bank Of Canada from $257.00 to $276.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has an “outperform” rating on the railroad operator’s stock. Royal Bank Of Canada’s target price suggests a potential upside of […] - 2025-08-01 04:30:50
Industrial Select Sector SPDR Fund Experiences Big Inflow
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Industrial Select Sector SPDR Fund (Symbol: XLI) where we have detected an approximate $293.6 million dollar inflow -- that's a 1.3% increase week ov - 2025-07-29 11:59:02
Wealth Group Ltd. Reduces Holdings in Union Pacific Corporation (NYSE:UNP)
Wealth Group Ltd. decreased its position in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 7.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,105 shares of the railroad operator’s stock after selling 94 shares during the period. Wealth Group Ltd.’s […] - 2025-07-28 05:58:44
Union Pacific (NYSE:UNP) Price Target Raised to $240.00
Union Pacific (NYSE:UNP – Free Report) had its price target lifted by UBS Group from $238.00 to $240.00 in a research note issued to investors on Friday morning,Benzinga reports. They currently have a neutral rating on the railroad operator’s stock. Other equities research analysts have also issued reports about the stock. Evercore ISI decreased their […] - 2025-07-28 04:52:45
Evercore ISI Cuts Union Pacific (NYSE:UNP) Price Target to $238.00
Union Pacific (NYSE:UNP – Free Report) had its target price trimmed by Evercore ISI from $244.00 to $238.00 in a research note released on Friday,Benzinga reports. The firm currently has an in-line rating on the railroad operator’s stock. Several other equities research analysts have also issued reports on the company. UBS Group dropped their price […] - 2025-07-28 04:52:45
Union Pacific (NYSE:UNP) Price Target Raised to $277.00
Union Pacific (NYSE:UNP – Free Report) had its target price boosted by BMO Capital Markets from $270.00 to $277.00 in a research report released on Friday morning,Benzinga reports. BMO Capital Markets currently has an outperform rating on the railroad operator’s stock. A number of other equities analysts also recently weighed in on UNP. UBS Group […] - 2025-07-28 04:52:45
UBS Group Issues Positive Forecast for Union Pacific (NYSE:UNP) Stock Price
Union Pacific (NYSE:UNP – Get Free Report) had its price objective hoisted by equities researchers at UBS Group from $238.00 to $240.00 in a research report issued on Friday, Marketbeat.com reports. The firm currently has a “neutral” rating on the railroad operator’s stock. UBS Group’s price objective would indicate a potential upside of 6.18% from […] - 2025-07-28 04:52:45

iShares Edge MSCI World Quality Factor UCITS ETF UNP holdings

DateNumber of UNP Shares HeldBase Market Value of UNP SharesLocal Market Value of UNP SharesChange in UNP Shares HeldChange in UNP Base ValueCurrent Price per UNP Share HeldPrevious Price per UNP Share Held
2025-11-27 (Thursday)100,704USD 23,228,385USD 23,228,3850USD 0 USD 230.66 USD 230.66
2025-11-26 (Wednesday)100,704UNP holding decreased by -381USD 23,228,385UNP holding increased by 66779USD 23,228,385-381USD 66,779 USD 230.66 USD 229.13
2025-11-25 (Tuesday)101,085USD 23,161,606UNP holding increased by 468023USD 23,161,6060USD 468,023 USD 229.13 USD 224.5
2025-11-24 (Monday)101,085USD 22,693,583UNP holding decreased by -173866USD 22,693,5830USD -173,866 USD 224.5 USD 226.22
2025-11-21 (Friday)101,085USD 22,867,449UNP holding increased by 506436USD 22,867,4490USD 506,436 USD 226.22 USD 221.21
2025-11-20 (Thursday)101,085USD 22,361,013UNP holding increased by 4044USD 22,361,0130USD 4,044 USD 221.21 USD 221.17
2025-11-19 (Wednesday)101,085USD 22,356,969UNP holding increased by 35379USD 22,356,9690USD 35,379 USD 221.17 USD 220.82
2025-11-18 (Tuesday)101,085USD 22,321,590UNP holding decreased by -18195USD 22,321,5900USD -18,195 USD 220.82 USD 221
2025-11-17 (Monday)101,085UNP holding increased by 380USD 22,339,785UNP holding decreased by -119444USD 22,339,785380USD -119,444 USD 221 USD 223.02
2025-11-14 (Friday)100,705USD 22,459,229UNP holding increased by 155086USD 22,459,2290USD 155,086 USD 223.02 USD 221.48
2025-11-13 (Thursday)100,705USD 22,304,143UNP holding decreased by -208460USD 22,304,1430USD -208,460 USD 221.48 USD 223.55
2025-11-12 (Wednesday)100,705USD 22,512,603UNP holding decreased by -125881USD 22,512,6030USD -125,881 USD 223.55 USD 224.8
2025-11-11 (Tuesday)100,705USD 22,638,484UNP holding increased by 92649USD 22,638,4840USD 92,649 USD 224.8 USD 223.88
2025-11-10 (Monday)100,705USD 22,545,835UNP holding increased by 241692USD 22,545,8350USD 241,692 USD 223.88 USD 221.48
Share price and value of shares held is calculated on the adjusted close price of each day (row). Changes between days reflect the gain/loss of the portfolio as a result of changes in the adjusted close price and changes in the holdings

Share Trades of UNP by Blackrock for IE00BP3QZ601

Show aggregate share trades of UNP

DateActionQuantityMarket HighMarket LowLikely Trade PriceLikely Trade Value (Profit/Loss)Average Price previous trades
2025-11-26SELL-381 230.660* 230.01 Profit of 87,635 on sale
2025-11-17BUY380 221.000* 230.22
2025-11-07SELL-1,140 221.480* 230.43 Profit of 262,688 on sale
2025-11-05SELL-380 217.380* 230.55 Profit of 87,609 on sale
2025-11-03BUY760221.000218.030 218.327EUR 165,929 230.65
2025-10-31BUY1,140220.988216.337 216.802EUR 247,155 230.70
2025-10-22SELL-760225.240228.850 228.489EUR -173,652 231.12 Profit of 1,996 on sale
2025-10-21SELL-760226.540228.150 227.989EUR -173,272 231.14 Profit of 2,394 on sale
2025-10-20SELL-380227.300229.210 229.019EUR -87,027 231.16 Profit of 813 on sale
2025-10-15SELL-760225.720228.000 227.772EUR -173,107 231.25 Profit of 2,643 on sale
2025-10-14SELL-380227.080227.850 227.773EUR -86,554 231.27 Profit of 1,329 on sale
2025-10-01SELL-760234.740237.250 236.999EUR -180,119 231.17 Loss of -4,430 on sale
2025-09-15BUY1,800216.250217.060 216.979EUR 390,562 231.31
2025-09-10SELL-375215.190216.070 215.982EUR -80,993 231.58 Profit of 5,850 on sale
2025-09-08SELL-374217.260220.100 219.816EUR -82,211 231.66 Profit of 4,431 on sale
2025-09-02SELL-374221.990222.770 222.692EUR -83,287 231.72 Profit of 3,376 on sale
2025-08-21SELL-1,122225.300226.180 226.092EUR -253,675 231.83 Profit of 6,433 on sale
2025-08-12SELL-1,870218.800221.210 220.969EUR -413,212 232.04 Profit of 20,701 on sale
2025-07-07SELL-373235.350237.510 237.294EUR -88,511 232.71 Loss of -1,708 on sale
2025-07-02BUY1,448237.160237.410 237.385EUR 343,733 232.63
2025-06-24SELL-738227.910228.030 228.018EUR -168,277 232.73 Profit of 3,477 on sale
2025-06-20SELL-368222.510223.780 223.653EUR -82,304 232.85 Profit of 3,385 on sale
2025-06-13SELL-368223.370225.470 225.260EUR -82,896 233.24 Profit of 2,936 on sale
2025-06-02BUY368218.890220.000 219.889EUR 80,919 233.97
2025-05-30BUY10,656221.660222.570 222.479EUR 2,370,736 234.07
2025-05-20BUY332228.330229.890 229.734EUR 76,272 234.80
2025-05-14BUY331228.340228.760 228.718EUR 75,706 234.97
2025-05-13BUY332228.250231.990 231.616EUR 76,897 235.03
2025-05-07BUY332213.850214.910 214.804EUR 71,315 235.61
2025-05-02BUY331218.290219.610 219.478EUR 72,647 236.18
2025-04-23SELL-331219.780224.580 224.100EUR -74,177 237.70 Profit of 4,502 on sale
2025-04-14BUY662222.270223.270 223.170EUR 147,739 239.16
2025-04-07SELL-331209.970216.240 215.613EUR -71,368 240.53 Profit of 8,246 on sale
2025-03-21SELL-331233.880234.250 234.213EUR -77,525 241.45 Profit of 2,395 on sale
2025-03-17SELL-331237.860239.510 239.345EUR -79,223 241.73 Profit of 788 on sale
2025-03-14SELL-331237.530237.740 237.719EUR -78,685 241.79 Profit of 1,346 on sale
2025-03-11SELL-331237.780248.090 247.059EUR -81,777 242.02 Loss of -1,668 on sale
2025-02-26SELL-330245.480247.960 247.712EUR -81,745 241.52 Loss of -2,044 on sale
2025-02-14SELL-330249.220253.200 252.802EUR -83,425 240.62 Loss of -4,021 on sale
2025-01-02BUY1,324229.120230.620 230.470EUR 305,142 237.84
2024-12-09SELL-664233.540234.970 234.827EUR -155,925 238.00 Profit of 2,107 on sale
2024-12-06SELL-3,630233.570236.670 236.360EUR -857,987 238.14 Profit of 6,471 on sale
2024-12-05SELL-331234.630235.540 235.449EUR -77,934 238.26 Profit of 930 on sale
2024-12-03SELL-1,324236.990241.730 241.256EUR -319,423 238.42 Loss of -3,753 on sale
2024-12-02SELL-331240.780244.570 244.191EUR -80,827 238.33 Loss of -1,939 on sale
2024-11-25SELL-12,982249.320250.580 250.454EUR -3,251,394 236.59 Loss of -180,000 on sale
2024-11-20SELL-748233.560234.320 234.244EUR -175,215 236.31 Profit of 1,549 on sale
2024-11-18BUY1,496234.410235.460 235.355EUR 352,091 236.60
2024-11-07BUY748242.560249.890 249.157EUR 186,369 235.18
2024-11-05BUY374233.870233.890 233.888EUR 87,474 234.09
2024-10-31BUY373232.070233.840 233.663EUR 87,156 235.04
2024-10-25BUY373230.300231.880 231.722EUR 86,432 238.48
2024-10-24BUY373230.750234.000 233.675EUR 87,161 241.05
2024-10-23BUY373241.350242.190 242.106EUR 90,306 240.90
Market high and low price is on the date.

* (if shown) = market close price used not a projected price. This is used when we do not have market data available to calculate a projection

The likely trade price/value is our estimate on the likely price the trade took place at and is not the actual trade price. The likely LOSS/GAIN is our estimate. Where a profit/loss value is shown in the Likely Trade Value column, this is derived from matching trades between periods eg the most recent previous BUY is matched with the SELL for the same number of shares and the difference between the likely BUY price and likely SELL price is calculated. Where a profit or loss is shown in the Average Price of Previous Trades column, this is dervied using the likely trade price compared to the average of previous trades based on adjusted close

Shorting History of UNP

DateShorted VolumeShort Exempt VolumeTotal Shares Traded% Shorted
2025-09-191,354,1372622,086,37264.9%
2025-09-18902,5316161,541,01858.6%
2025-09-17899,4708462,100,10042.8%
2025-09-16479,05601,571,15630.5%
2025-09-15665,352591,834,35136.3%
2025-09-12910,3292,9322,871,53531.7%
2025-09-11431,0098241,397,96730.8%
2025-09-10855,4484032,224,08038.5%
2025-09-09388,1893,6381,226,70531.6%
2025-09-08493,9001,5821,333,08537.0%
2025-09-05557,7764,8981,488,66237.5%
2025-09-04459,9264081,183,88638.8%
2025-09-03476,9213,3571,209,14639.4%
2025-09-02569,6613,0201,441,41439.5%
2025-08-29571,6992241,408,57740.6%
2025-08-28912,2706991,894,81148.1%
2025-08-27522,5052411,390,26037.6%
2025-08-26610,6198511,288,44847.4%
2025-08-251,017,6601,6411,855,06354.9%
2025-08-221,380,9692252,221,24262.2%
2025-08-21893,8117681,453,69461.5%
2025-08-201,099,2751171,842,64259.7%
2025-08-19701,1328421,941,70536.1%
2025-08-18478,8943,7151,239,17038.6%
2025-08-15600,90901,377,93843.6%
2025-08-14810,7224633,667,05522.1%
2025-08-13549,5802271,044,67152.6%
2025-08-12521,1251181,355,37438.4%
2025-08-11854,5081,5681,570,08954.4%
2025-08-08694,889643934,39574.4%
2025-08-07901,4682,9441,282,44570.3%
2025-08-06815,5521121,227,80966.4%
2025-08-05622,512311,047,44959.4%
2025-08-041,010,2031021,698,38059.5%
2025-08-011,515,3619,0892,075,27073.0%
2025-07-311,360,2698102,293,89859.3%
2025-07-302,026,9931853,818,46953.1%
2025-07-295,076,2645,1989,532,17053.3%
2025-07-281,486,6442373,503,53442.4%
2025-07-25684,7951,0864,544,12615.1%
2025-07-241,287,2729113,984,39232.3%
2025-07-23466,8772001,822,87425.6%
2025-07-22434,3402451,547,54328.1%
2025-07-21495,67401,230,24040.3%
2025-07-18878,4383862,331,51137.7%

The data here is derived from FINRA daily shorted trade data. The Daily Short Sale Volume is the total volume of short trades that meet certain criteria on each trade date by 6 PM ET on the trade date. The detail trade data is derived from the monthly shorted trade data which will differ in aggregate. The detail trade data is derived from the transaction level data and includes ALL trades (including exempt) and the aggregation period extends beyond 6pm.

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Note: All information is provided as is without warranty and should be used for indicative purposes only. You should independently check data before making any investment decision. This information is derived from third party sources and we cannot guarantee that their data is current, accurate, complete, free from defects etc and we therefore accept no responsibility for how it may be used. We accept no liability.