Independence Bank of Kentucky Reduces Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Independence Bank of Kentucky trimmed its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,307 shares of the company’s stock after selling 60 shares during the period. Independence Bank of Kentucky’s holdings in iShares MSCI USA Quality Factor ETF were worth $422,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Flow Traders U.S. LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 412.9% in the 1st quarter. Flow Traders U.S. LLC now owns 64,002 shares of the company’s stock worth $10,937,000 after purchasing an additional 51,524 shares during the period. SlateStone Wealth LLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 12.4% in the 1st quarter. SlateStone Wealth LLC now owns 157,313 shares of the company’s stock worth $26,883,000 after purchasing an additional 17,337 shares during the period. Delap Wealth Advisory LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter worth about $385,000. Elevate Wealth Advisory Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF by 4.1% in the 1st quarter. Elevate Wealth Advisory Inc. now owns 2,928 shares of the company’s stock worth $500,000 after purchasing an additional 115 shares during the period. Finally, Partners Capital Investment Group LLP lifted its position in iShares MSCI USA Quality Factor ETF by 284.3% during the 1st quarter. Partners Capital Investment Group LLP now owns 101,407 shares of the company’s stock valued at $17,329,000 after acquiring an additional 75,022 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $193.30 on Tuesday. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The stock has a market cap of $56.05 billion, a P/E ratio of 25.59 and a beta of 1.05. The firm has a 50-day moving average of $188.52 and a 200 day moving average of $179.00.

iShares MSCI USA Quality Factor ETF Company 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.