Sigma Planning Corp Sells 3,195 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Sigma Planning Corp reduced its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,816 shares of the company’s stock after selling 3,195 shares during the quarter. Sigma Planning Corp’s holdings in iShares MSCI USA Quality Factor ETF were worth $9,363,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Advocate Investing Services LLC purchased a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $25,000. Resources Management Corp CT ADV bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $27,000. Financial Life Planners purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 1st quarter worth approximately $28,000. Ares Financial Consulting LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $30,000. Finally, Cornerstone Financial Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at approximately $30,000.

iShares MSCI USA Quality Factor ETF Stock Up 0.3%

Shares of QUAL opened at $219.24 on Wednesday. The company has a 50 day moving average of $214.92 and a two-hundred day moving average of $205.84. 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 cap of $63.57 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.