iShares MSCI USA Quality Factor ETF (BATS:QUAL) Stake Cut by Norway Savings Bank

Norway Savings Bank cut its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,165 shares of the company’s stock after selling 218 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 1.5% of Norway Savings Bank’s investment portfolio, making the stock its 19th largest holding. Norway Savings Bank’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,720,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Bank of Montreal Can increased its position in iShares MSCI USA Quality Factor ETF by 16.3% in the first quarter. Bank of Montreal Can now owns 15,119 shares of the company’s stock worth $2,064,000 after buying an additional 2,119 shares during the period. Blair William & Co. IL increased its position in iShares MSCI USA Quality Factor ETF by 143.9% in the first quarter. Blair William & Co. IL now owns 10,830 shares of the company’s stock worth $1,458,000 after buying an additional 6,389 shares during the period. Mather Group LLC. acquired a new stake in iShares MSCI USA Quality Factor ETF in the first quarter worth $397,000. Prudential Financial Inc. increased its position in iShares MSCI USA Quality Factor ETF by 8.4% in the first quarter. Prudential Financial Inc. now owns 49,277 shares of the company’s stock worth $6,634,000 after buying an additional 3,812 shares during the period. Finally, AJ Wealth Strategies LLC increased its position in iShares MSCI USA Quality Factor ETF by 4.2% in the first quarter. AJ Wealth Strategies LLC now owns 465,618 shares of the company’s stock worth $62,686,000 after buying an additional 18,557 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Down 1.5 %

BATS QUAL traded down $2.10 during trading hours on Friday, hitting $136.07. The company had a trading volume of 1,002,897 shares. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The business has a fifty day simple moving average of $137.48 and a 200-day simple moving average of $129.87. The firm has a market cap of $30.77 billion, a P/E ratio of 16.30 and a beta of 1.03.

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.