UMB Bank n.a. Cuts Holdings in iShares MSCI USA Quality Factor ETF $QUAL

UMB Bank n.a. lowered its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 474,088 shares of the company’s stock after selling 27,014 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 1.4% of UMB Bank n.a.’s investment portfolio, making the stock its 14th biggest position. UMB Bank n.a.’s holdings in iShares MSCI USA Quality Factor ETF were worth $92,210,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of QUAL. Gallagher Fiduciary Advisors LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 13,080.9% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 2,481,960 shares of the company’s stock valued at $453,752,000 after purchasing an additional 2,463,130 shares during the period. Soundwatch Capital LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 72,284.9% during the 2nd quarter. Soundwatch Capital LLC now owns 2,437,924 shares of the company’s stock valued at $445,701,000 after buying an additional 2,434,556 shares in the last quarter. Symphony Financial Ltd. Co. grew its position in shares of iShares MSCI USA Quality Factor ETF by 4,818.8% in the second quarter. Symphony Financial Ltd. Co. now owns 1,716,464 shares of the company’s stock valued at $313,849,000 after purchasing an additional 1,681,568 shares during the period. Charles Schwab Investment Management Inc. purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth about $305,974,000. Finally, Cerity Partners LLC raised its position in shares of iShares MSCI USA Quality Factor ETF by 39.6% during the 2nd quarter. Cerity Partners LLC now owns 3,755,880 shares of the company’s stock worth $686,910,000 after purchasing an additional 1,065,946 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 14.6%

QUAL stock opened at $202.40 on Friday. The business’s 50-day moving average is $200.47 and its 200 day moving average is $194.31. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26. The stock has a market cap of $58.69 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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