Citizens Business Bank Takes $390,000 Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Citizens Business Bank purchased a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,650 shares of the company’s stock, valued at approximately $390,000.

Several other large investors have also recently modified their holdings of the business. VisionPoint Advisory Group LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the third quarter worth $25,000. NBC Securities Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter valued at $26,000. Signaturefd LLC lifted its stake in shares of iShares MSCI USA Quality Factor ETF by 1,414.3% in the third quarter. Signaturefd LLC now owns 212 shares of the company’s stock valued at $28,000 after buying an additional 198 shares in the last quarter. Moisand Fitzgerald Tamayo LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $28,000. Finally, Thompson Investment Management Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at about $34,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock traded down $2.04 during mid-day trading on Tuesday, hitting $156.93. The company had a trading volume of 1,171,438 shares. The firm has a market cap of $41.06 billion, a PE ratio of 23.32 and a beta of 1.04. iShares MSCI USA Quality Factor ETF has a 12 month low of $71.96 and a 12 month high of $88.63. The stock’s fifty day moving average price is $160.99 and its two-hundred day moving average price is $150.06.

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.