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Iowa State Bank sold shares of QUALCOMM, which reported strong earnings and a higher revenue.
Iowa State Bank reduced its holdings in QUALCOMM by selling 824 shares, now owning 17,326 shares.
QUALCOMM reported strong earnings of $2.85 per share, beating estimates by $0.03, with revenue up 17% year-over-year to $10.98 billion.
The company has a market cap of $159.45 billion and plans to pay a quarterly dividend of $0.89 per share.
Several institutional investors have adjusted their positions in the stock recently.
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El Iowa State Bank vendió acciones de QUALCOMM, que reportó fuertes ganancias y mayores ingresos.