Greenleaf Trust Has $2.78 Million Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Greenleaf Trust reduced its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,228 shares of the company’s stock after selling 1,416 shares during the period. Greenleaf Trust’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,784,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Cullen Frost Bankers Inc. increased its position in iShares MSCI USA Quality Factor ETF by 84.2% during the first quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock worth $30,000 after acquiring an additional 80 shares during the period. Legacy Wealth Managment LLC ID acquired a new stake in iShares MSCI USA Quality Factor ETF in the 1st quarter worth $37,000. CX Institutional increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 151.9% during the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after purchasing an additional 123 shares during the period. BankPlus Trust Department raised its position in shares of iShares MSCI USA Quality Factor ETF by 58.4% during the first quarter. BankPlus Trust Department now owns 244 shares of the company’s stock valued at $42,000 after buying an additional 90 shares during the last quarter. Finally, First Command Advisory Services Inc. acquired a new position in shares of iShares MSCI USA Quality Factor ETF during the first quarter valued at about $43,000.

iShares MSCI USA Quality Factor ETF Stock Up 10.1%

Shares of QUAL opened at $194.52 on Wednesday. The stock’s 50-day moving average price is $188.71 and its 200 day moving average price is $179.19. The firm has a market capitalization of $56.40 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26.

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.