iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Bought by Commerce Bank

Commerce Bank grew its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 9.5% in the third quarter, Holdings Channel reports. The institutional investor owned 3,517 shares of the company’s stock after purchasing an additional 305 shares during the period. Commerce Bank’s holdings in iShares MSCI USA Quality Factor ETF were worth $631,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in QUAL. Ancora Advisors LLC increased its stake in iShares MSCI USA Quality Factor ETF by 6.2% in the first quarter. Ancora Advisors LLC now owns 13,642 shares of the company’s stock valued at $2,242,000 after purchasing an additional 793 shares during the last quarter. Coppell Advisory Solutions Corp. acquired a new stake in iShares MSCI USA Quality Factor ETF during the 1st quarter worth $268,000. Comerica Bank lifted its position in iShares MSCI USA Quality Factor ETF by 139.5% in the first quarter. Comerica Bank now owns 181,235 shares of the company’s stock valued at $29,786,000 after acquiring an additional 105,577 shares during the last quarter. Semmax Financial Advisors Inc. boosted its stake in iShares MSCI USA Quality Factor ETF by 74.2% in the first quarter. Semmax Financial Advisors Inc. now owns 5,262 shares of the company’s stock valued at $857,000 after acquiring an additional 2,241 shares in the last quarter. Finally, First Citizens Asset Management Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth about $320,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $183.75 on Tuesday. iShares MSCI USA Quality Factor ETF has a one year low of $71.96 and a one year high of $88.63. The stock has a market capitalization of $48.49 billion, a P/E ratio of 23.03 and a beta of 1.03. The business’s 50-day simple moving average is $180.29 and its 200-day simple moving average is $174.19.

iShares MSCI USA Quality Factor ETF Company 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.