State of Michigan Retirement System Grows Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

State of Michigan Retirement System raised its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 32.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 324,549 shares of the company’s stock after acquiring an additional 79,500 shares during the period. State of Michigan Retirement System’s holdings in iShares MSCI USA Quality Factor ETF were worth $62,252,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Bedel Financial Consulting Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.4% during the first quarter. Bedel Financial Consulting Inc. now owns 17,902 shares of the company’s stock worth $3,434,000 after purchasing an additional 255 shares during the last quarter. Chicago Partners Investment Group LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 52.1% in the first quarter. Chicago Partners Investment Group LLC now owns 18,550 shares of the company’s stock valued at $3,843,000 after purchasing an additional 6,357 shares during the period. Team Financial Group LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 9.5% in the first quarter. Team Financial Group LLC now owns 1,133 shares of the company’s stock valued at $217,000 after purchasing an additional 98 shares during the period. Uptick Partners LLC increased its stake in iShares MSCI USA Quality Factor ETF by 32.5% in the first quarter. Uptick Partners LLC now owns 10,331 shares of the company’s stock valued at $1,982,000 after purchasing an additional 2,533 shares during the last quarter. Finally, Procyon Advisors LLC increased its stake in iShares MSCI USA Quality Factor ETF by 21.7% in the first quarter. Procyon Advisors LLC now owns 4,090 shares of the company’s stock valued at $784,000 after purchasing an additional 729 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Down 0.5%

BATS QUAL opened at $218.65 on Tuesday. The business’s 50-day moving average price is $214.69 and its 200 day moving average price is $205.71. iShares MSCI USA Quality Factor ETF has a twelve month low of $181.55 and a twelve month high of $220.24. The company has a market capitalization of $63.40 billion, a PE ratio of 25.59 and a beta of 1.05.

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.