Investment Planning Advisors Inc. Grows Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Investment Planning Advisors Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 25.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,831 shares of the company’s stock after acquiring an additional 785 shares during the quarter. Investment Planning Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $682,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of QUAL. FMR LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 7.9% in the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock worth $2,841,683,000 after acquiring an additional 1,160,410 shares during the last quarter. LPL Financial LLC boosted its position in iShares MSCI USA Quality Factor ETF by 6.9% during the third quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after acquiring an additional 950,857 shares during the last quarter. M&T Bank Corp boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.7% during the 3rd quarter. M&T Bank Corp now owns 4,050,192 shares of the company’s stock worth $726,199,000 after purchasing an additional 28,147 shares during the last quarter. MML Investors Services LLC increased its holdings in shares of iShares MSCI USA Quality Factor ETF by 6.3% in the third quarter. MML Investors Services LLC now owns 2,859,647 shares of the company’s stock valued at $512,735,000 after purchasing an additional 170,321 shares during the last quarter. Finally, Cerity Partners LLC lifted its position in iShares MSCI USA Quality Factor ETF by 7.2% during the third quarter. Cerity Partners LLC now owns 2,583,297 shares of the company’s stock worth $463,185,000 after buying an additional 173,127 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 3.3 %

Shares of BATS:QUAL opened at $182.51 on Tuesday. iShares MSCI USA Quality Factor ETF has a 52-week low of $71.96 and a 52-week high of $88.63. The stock has a market cap of $48.16 billion, a P/E ratio of 23.03 and a beta of 1.03. The business has a fifty day moving average of $181.80 and a two-hundred day moving average of $178.16.

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.