Comerica Bank Sells 9,183 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Comerica Bank trimmed its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 7.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 121,563 shares of the company’s stock after selling 9,183 shares during the quarter. Comerica Bank’s holdings in iShares MSCI USA Quality Factor ETF were worth $24,145,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of QUAL. Avantra Family Wealth Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $1,493,000. Dynasty Wealth Management LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 18.3% during the 3rd quarter. Dynasty Wealth Management LLC now owns 582,095 shares of the company’s stock worth $113,218,000 after buying an additional 90,195 shares during the last quarter. Cabot Wealth Management Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 8.7% during the 3rd quarter. Cabot Wealth Management Inc. now owns 42,044 shares of the company’s stock worth $8,177,000 after buying an additional 3,369 shares during the last quarter. Insight Inv LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the 3rd quarter worth $1,016,000. Finally, CGC Financial Services LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 846.1% during the 3rd quarter. CGC Financial Services LLC now owns 149,619 shares of the company’s stock worth $29,101,000 after buying an additional 133,804 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 0.1%

Shares of QUAL stock opened at $207.19 on Tuesday. iShares MSCI USA Quality Factor ETF has a twelve month low of $165.28 and a twelve month high of $207.72. The company has a market cap of $60.07 billion, a P/E ratio of 25.59 and a beta of 1.05. The business has a fifty day simple moving average of $199.46 and a 200 day simple moving average of $198.98.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.