American National Bank Trims Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

American National Bank lowered its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 93.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 291 shares of the company’s stock after selling 4,085 shares during the period. American National Bank’s holdings in iShares MSCI USA Quality Factor ETF were worth $50,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. MCF Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter valued at $37,000. Opal Wealth Advisors LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the second quarter worth approximately $41,000. City State Bank increased its stake in shares of iShares MSCI USA Quality Factor ETF by 123.7% in the first quarter. City State Bank now owns 255 shares of the company’s stock worth $42,000 after purchasing an additional 141 shares in the last quarter. Headlands Technologies LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter valued at $48,000. Finally, NBC Securities Inc. lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 27.2% during the 1st quarter. NBC Securities Inc. now owns 309 shares of the company’s stock valued at $51,000 after buying an additional 66 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.8 %

QUAL stock traded down $1.38 during trading on Thursday, reaching $175.76. The company’s stock had a trading volume of 694,974 shares. The company’s fifty day moving average is $171.42 and its 200-day moving average is $165.11. The company has a market capitalization of $46.38 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.

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.