Copperleaf Capital LLC Has $4.51 Million Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Copperleaf Capital LLC lessened its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 17.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 23,186 shares of the company’s stock after selling 4,870 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 2.2% of Copperleaf Capital LLC’s holdings, making the stock its 9th biggest holding. Copperleaf Capital LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,510,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in QUAL. Keener Financial Planning LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the second quarter valued at about $29,000. CoreFirst Bank & Trust acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter worth approximately $33,000. First Horizon Corp acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $36,000. Phillips Financial Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter worth approximately $39,000. Finally, CX Institutional increased its holdings in iShares MSCI USA Quality Factor ETF by 151.9% during the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after purchasing an additional 123 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $203.32 on Friday. The company has a market cap of $58.95 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock has a fifty day moving average price of $198.37 and a two-hundred day moving average price of $192.78. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.