UMB Bank n.a. Acquires 36,242 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

UMB Bank n.a. lifted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 10.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 397,796 shares of the company’s stock after acquiring an additional 36,242 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 1.1% of UMB Bank n.a.’s portfolio, making the stock its 19th biggest holding. UMB Bank n.a. owned approximately 0.15% of iShares MSCI USA Quality Factor ETF worth $71,325,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Halpern Financial Inc. bought a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $26,000. MCF Advisors LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter worth about $37,000. Unique Wealth Strategies LLC bought a new position in iShares MSCI USA Quality Factor ETF during the second quarter valued at approximately $37,000. Opal Wealth Advisors LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at approximately $41,000. Finally, City State Bank increased its stake in iShares MSCI USA Quality Factor ETF by 123.7% in the 1st quarter. City State Bank now owns 255 shares of the company’s stock worth $42,000 after acquiring an additional 141 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL traded up $1.17 during mid-day trading on Thursday, hitting $180.55. 1,034,566 shares of the stock were exchanged. The company has a market cap of $47.65 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The firm has a 50-day moving average of $174.74 and a two-hundred day moving average of $169.19.

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.