Leavell Investment Management Inc. Purchases 11,778 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Leavell Investment Management Inc. boosted its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 70.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 28,491 shares of the company’s stock after purchasing an additional 11,778 shares during the quarter. Leavell Investment Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,682,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Axim Planning & Wealth purchased a new stake in shares of iShares MSCI USA Quality Factor ETF during the first quarter worth about $329,000. Zhang Financial LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the first quarter valued at approximately $315,000. Newbridge Financial Services Group Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 216.2% in the first quarter. Newbridge Financial Services Group Inc. now owns 370 shares of the company’s stock valued at $61,000 after buying an additional 253 shares during the last quarter. Pinnacle Wealth Management Group Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 8.2% in the first quarter. Pinnacle Wealth Management Group Inc. now owns 1,853 shares of the company’s stock valued at $305,000 after buying an additional 141 shares during the last quarter. Finally, Fulcrum Equity Management purchased a new stake in iShares MSCI USA Quality Factor ETF in the first quarter valued at approximately $1,117,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL traded down $0.40 during trading hours on Thursday, reaching $165.34. The stock had a trading volume of 762,468 shares. The stock has a fifty day moving average of $161.58 and a 200 day moving average of $153.54. The stock has a market cap of $43.63 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63.

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.