First American Bank Sells 353 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

First American Bank reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,069 shares of the company’s stock after selling 353 shares during the period. First American Bank’s holdings in iShares MSCI USA Quality Factor ETF were worth $903,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. FMR LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the 3rd quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after purchasing an additional 1,160,410 shares during the period. LPL Financial LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after purchasing an additional 950,857 shares during the period. Strategic Financial Concepts LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 18,801.7% during the 4th quarter. Strategic Financial Concepts LLC now owns 522,633 shares of the company’s stock worth $93,070,000 after purchasing an additional 519,868 shares during the period. Heck Capital Advisors LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth about $81,990,000. Finally, Blue Trust Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 10.5% during the 4th quarter. Blue Trust Inc. now owns 2,200,958 shares of the company’s stock worth $391,946,000 after purchasing an additional 209,386 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $178.93 on Friday. iShares MSCI USA Quality Factor ETF has a 1-year low of $71.96 and a 1-year high of $88.63. The company has a 50-day moving average of $181.72 and a 200 day moving average of $180.34. The firm has a market capitalization of $49.69 billion, a price-to-earnings ratio of 28.36 and a beta of 1.04.

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.