Smartleaf Asset Management LLC Increases Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Smartleaf Asset Management LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 18.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,834 shares of the company’s stock after buying an additional 2,679 shares during the quarter. Smartleaf Asset Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,855,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in QUAL. Cullen Frost Bankers Inc. raised its stake 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 valued at $30,000 after buying an additional 80 shares during the last quarter. Bellwether Advisors LLC purchased a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $32,000. Mascagni Wealth Management Inc. purchased a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $36,000. Dunhill Financial LLC raised its stake in iShares MSCI USA Quality Factor ETF by 148.4% during the fourth quarter. Dunhill Financial LLC now owns 236 shares of the company’s stock valued at $42,000 after buying an additional 141 shares during the last quarter. Finally, BankPlus Trust Department raised its stake in 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.

iShares MSCI USA Quality Factor ETF Trading Up 7.1%

iShares MSCI USA Quality Factor ETF stock opened at $189.2330 on Friday. The firm has a market cap of $54.87 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock has a fifty day simple moving average of $183.95 and a two-hundred day simple moving average of $177.38. iShares MSCI USA Quality Factor ETF has a 12 month low of $148.3401 and a 12 month high of $187.26.

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.