Buttonwood Financial Group LLC Sells 5,929 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Buttonwood Financial Group LLC cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 21.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,123 shares of the company’s stock after selling 5,929 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 2.3% of Buttonwood Financial Group LLC’s investment portfolio, making the stock its 11th largest holding. Buttonwood Financial Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,311,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of QUAL. Hantz Financial Services Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the third quarter worth $25,000. Financial Life Planners bought a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $28,000. CoreFirst Bank & Trust purchased a new stake in iShares MSCI USA Quality Factor ETF during the 2nd quarter valued at $33,000. First Horizon Corp purchased a new stake in iShares MSCI USA Quality Factor ETF during the 3rd quarter valued at $36,000. Finally, Phillips Financial Management LLC bought a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $39,000.

iShares MSCI USA Quality Factor ETF Trading Down 2.0%

QUAL stock opened at $190.15 on Friday. The firm’s 50-day moving average price is $200.82 and its two-hundred day moving average price is $197.91. iShares MSCI USA Quality Factor ETF has a 12-month low of $148.34 and a 12-month high of $205.65. The stock has a market capitalization of $55.13 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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.