Comerica Bank Grows Stake in iShares MSCI Qatar ETF (NASDAQ:QAT)

Comerica Bank raised its stake in iShares MSCI Qatar ETF (NASDAQ:QAT – Get Rating) by 8.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 54,945 shares of the company’s stock after acquiring an additional 4,400 shares during the quarter. Comerica Bank owned approximately 1.37% of iShares MSCI Qatar ETF worth $1,169,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in QAT. Prudential PLC purchased a new position in iShares MSCI Qatar ETF in the second quarter valued at about $4,741,000. Jane Street Group LLC boosted its stake in iShares MSCI Qatar ETF by 356.3% in the first quarter. Jane Street Group LLC now owns 284,778 shares of the company’s stock valued at $6,843,000 after acquiring an additional 222,372 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in iShares MSCI Qatar ETF in the second quarter valued at about $2,787,000. Korea Investment CORP purchased a new position in iShares MSCI Qatar ETF in the second quarter valued at about $588,000. Finally, JPMorgan Chase & Co. purchased a new position in iShares MSCI Qatar ETF in the first quarter valued at about $628,000.

iShares MSCI Qatar ETF Stock Performance

Shares of QAT stock opened at $19.30 on Tuesday. The firm’s 50 day moving average is $19.44 and its 200 day moving average is $21.01. iShares MSCI Qatar ETF has a 12 month low of $18.05 and a 12 month high of $25.71.

iShares MSCI Qatar ETF Cuts Dividend

The firm also recently disclosed a Semi-Annual dividend, which was paid on Monday, December 19th. Investors of record on Wednesday, December 14th were issued a $0.122 dividend. The ex-dividend date was Tuesday, December 13th.