Leavell Investment Management Inc. Buys 2,048 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Leavell Investment Management Inc. raised its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.1% in the fourth quarter, Holdings Channel reports. The fund owned 35,815 shares of the company’s stock after purchasing an additional 2,048 shares during the quarter. Leavell Investment Management Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,378,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Financial Life Planners bought a new position in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at approximately $25,000. Barrett & Company Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $27,000. Voisard Asset Management Group Inc. bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $27,000. OLD Second National Bank of Aurora bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $27,000. Finally, Centennial Bank AR bought a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $29,000.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS QUAL opened at $184.38 on Wednesday. The company has a 50 day simple moving average of $181.90 and a 200 day simple moving average of $179.03. The firm has a market cap of $48.66 billion, a PE ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 1 year low of $71.96 and a 1 year high of $88.63.

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.