Leavell Investment Management Inc. Has $6.20 Million Stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Leavell Investment Management Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.2% during the first quarter, Holdings Channel.com reports. The institutional investor owned 36,254 shares of the company’s stock after acquiring an additional 439 shares during the quarter. Leavell Investment Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,196,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of QUAL. CoreFirst Bank & Trust purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $32,000. Bellwether Advisors LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $32,000. Mascagni Wealth Management Inc. purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $36,000. Whittier Trust Co. lifted its stake in iShares MSCI USA Quality Factor ETF by 63.1% in the fourth quarter. Whittier Trust Co. now owns 212 shares of the company’s stock valued at $38,000 after purchasing an additional 82 shares during the last quarter. Finally, Murphy & Mullick Capital Management Corp purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $40,000.

iShares MSCI USA Quality Factor ETF Trading Up 4.6%

iShares MSCI USA Quality Factor ETF stock opened at $184.77 on Thursday. The business’s 50 day simple moving average is $178.07 and its 200 day simple moving average is $176.22. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.34 and a 12 month high of $187.26. The company has a market cap of $53.57 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF 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.