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

First American Bank lessened its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,069 shares of the company’s stock after selling 353 shares during the quarter. First American Bank’s holdings in iShares MSCI USA Quality Factor ETF were worth $903,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Rosenberg Matthew Hamilton grew its position in iShares MSCI USA Quality Factor ETF by 5.0% during the 4th quarter. Rosenberg Matthew Hamilton now owns 1,241 shares of the company’s stock worth $221,000 after purchasing an additional 59 shares during the last quarter. Bristlecone Advisors LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.3% in the 4th quarter. Bristlecone Advisors LLC now owns 17,214 shares of the company’s stock valued at $3,065,000 after acquiring an additional 59 shares during the last quarter. Sheridan Capital Management LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.6% in the 4th quarter. Sheridan Capital Management LLC now owns 11,532 shares of the company’s stock valued at $2,054,000 after acquiring an additional 66 shares during the last quarter. Citizens Financial Group Inc. RI boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.2% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 2,178 shares of the company’s stock valued at $390,000 after acquiring an additional 67 shares during the last quarter. Finally, L & S Advisors Inc boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.2% in the 3rd quarter. L & S Advisors Inc now owns 5,911 shares of the company’s stock valued at $1,060,000 after acquiring an additional 68 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock opened at $178.93 on Friday. The firm’s fifty day simple moving average is $181.72 and its 200-day simple moving average is $180.34. The company has a market capitalization of $49.69 billion, a P/E ratio of 28.36 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month 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.