Johnson Investment Counsel Inc. Has $86.70 Million Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Johnson Investment Counsel Inc. trimmed its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 474,242 shares of the company’s stock after selling 17,511 shares during the period. Johnson Investment Counsel Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $86,701,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its stake in iShares MSCI USA Quality Factor ETF by 25.3% during the 4th quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after purchasing an additional 2,023 shares in the last quarter. Heck Capital Advisors LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $81,990,000. Bison Wealth LLC increased its stake in iShares MSCI USA Quality Factor ETF by 21.6% during the 4th quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock worth $3,395,000 after purchasing an additional 3,383 shares in the last quarter. SG Americas Securities LLC increased its stake in iShares MSCI USA Quality Factor ETF by 95.7% during the 1st quarter. SG Americas Securities LLC now owns 18,514 shares of the company’s stock worth $3,164,000 after purchasing an additional 9,053 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC increased its stake in iShares MSCI USA Quality Factor ETF by 8.9% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 35,358 shares of the company’s stock worth $6,042,000 after purchasing an additional 2,892 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 8.1%

Shares of QUAL opened at $190.99 on Friday. The stock has a market capitalization of $55.38 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The company has a 50 day moving average of $190.33 and a 200-day moving average of $180.41.

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.