Johnson Investment Counsel Inc. Sells 17,511 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Johnson Investment Counsel Inc. lessened its holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.6% during the 2nd quarter, according to its most recent 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 quarter. Johnson Investment Counsel Inc. owned 0.16% of iShares MSCI USA Quality Factor ETF worth $86,701,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Keener Financial Planning LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $29,000. Cullen Frost Bankers Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 84.2% in the 1st quarter. Cullen Frost Bankers Inc. now owns 175 shares of the company’s stock valued at $30,000 after purchasing an additional 80 shares in the last quarter. Legacy Wealth Managment LLC ID acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter valued at $37,000. CX Institutional boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 151.9% in 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. Finally, BankPlus Trust Department lifted its position in iShares MSCI USA Quality Factor ETF by 58.4% during the 1st quarter. BankPlus Trust Department now owns 244 shares of the company’s stock worth $42,000 after buying an additional 90 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 8.1%

Shares of BATS QUAL opened at $190.99 on Friday. The firm’s 50-day simple moving average is $190.33 and its 200 day simple moving average is $180.41. The company has a market cap of $55.38 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $187.26.

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.