Buttonwood Financial Group LLC Trims Stock Holdings in iShares MSCI USA Quality Factor ETF $QUAL

Buttonwood Financial Group LLC lessened its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 80.7% during the 3rd quarter, Holdings Channel reports. The firm owned 27,052 shares of the company’s stock after selling 112,996 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises 2.3% of Buttonwood Financial Group LLC’s portfolio, making the stock its 12th largest holding. Buttonwood Financial Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $5,297,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. State of Michigan Retirement System lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 11.8% during the third quarter. State of Michigan Retirement System now owns 246,349 shares of the company’s stock worth $47,915,000 after purchasing an additional 26,000 shares during the period. SlateStone Wealth LLC raised its position in iShares MSCI USA Quality Factor ETF by 9.2% during the 3rd quarter. SlateStone Wealth LLC now owns 187,733 shares of the company’s stock worth $36,514,000 after buying an additional 15,867 shares during the last quarter. Client First Capital LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 4.9% during the 3rd quarter. Client First Capital LLC now owns 122,767 shares of the company’s stock valued at $23,878,000 after acquiring an additional 5,773 shares during the period. Flagship Harbor Advisors LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 7.5% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 23,214 shares of the company’s stock valued at $4,515,000 after acquiring an additional 1,614 shares during the period. Finally, HORAN Wealth LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 309.9% in the 3rd quarter. HORAN Wealth LLC now owns 10,625 shares of the company’s stock valued at $2,067,000 after acquiring an additional 8,033 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS:QUAL opened at $203.85 on Friday. The firm has a market capitalization of $59.11 billion, a P/E ratio of 25.59 and a beta of 1.05. The company’s fifty day moving average price is $201.01 and its 200-day moving average price is $194.93. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26.

About iShares MSCI USA Quality Factor ETF

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.