WealthPlan Investment Management LLC Lowers Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

WealthPlan Investment Management LLC reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 72.7% during the third quarter, HoldingsChannel.com reports. The firm owned 10,502 shares of the company’s stock after selling 28,000 shares during the quarter. WealthPlan Investment Management LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,043,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 25.3% in the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock worth $1,786,000 after buying an additional 2,023 shares during the last quarter. Heck Capital Advisors LLC bought a new stake in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $81,990,000. Bison Wealth LLC boosted 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 valued at $3,395,000 after purchasing an additional 3,383 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 45.5% in the 1st quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock worth $3,363,000 after purchasing an additional 6,152 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of iShares MSCI USA Quality Factor ETF by 88.9% in the first quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock worth $22,591,000 after purchasing an additional 62,219 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

iShares MSCI USA Quality Factor ETF stock opened at $203.46 on Wednesday. The stock has a market capitalization of $58.99 billion, a PE ratio of 25.59 and a beta of 1.05. The business’s fifty day moving average is $198.02 and its 200 day moving average is $192.64. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.