LifePlan Investment Advisors Inc. Has $4.02 Million Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

LifePlan Investment Advisors Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,224 shares of the company’s stock after purchasing an additional 2,478 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 1.6% of LifePlan Investment Advisors Inc.’s holdings, making the stock its 20th biggest holding. LifePlan Investment Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,017,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Hantz Financial Services Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $25,000. Financial Life Planners acquired a new stake in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at about $28,000. Ares Financial Consulting LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $30,000. Decker Retirement Planning Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $32,000. Finally, Ransom Advisory Ltd acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $39,000.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL opened at $214.38 on Monday. The stock has a market capitalization of $62.16 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1-year low of $173.00 and a 1-year high of $215.03. The firm has a 50-day moving average price of $201.97 and a two-hundred day moving average price of $200.73.

iShares MSCI USA Quality Factor ETF Company 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.