Sigma Planning Corp Sells 3,477 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Sigma Planning Corp reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 52,011 shares of the company’s stock after selling 3,477 shares during the period. Sigma Planning Corp’s holdings in iShares MSCI USA Quality Factor ETF were worth $10,330,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Avantra Family Wealth Inc. purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $1,493,000. Dynasty Wealth Management LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 18.3% in the 3rd quarter. Dynasty Wealth Management LLC now owns 582,095 shares of the company’s stock worth $113,218,000 after buying an additional 90,195 shares during the last quarter. Cabot Wealth Management Inc. boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 8.7% in the 3rd quarter. Cabot Wealth Management Inc. now owns 42,044 shares of the company’s stock worth $8,177,000 after buying an additional 3,369 shares during the last quarter. Insight Inv LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth $1,016,000. Finally, CGC Financial Services LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 846.1% in the 3rd quarter. CGC Financial Services LLC now owns 149,619 shares of the company’s stock worth $29,101,000 after buying an additional 133,804 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL stock opened at $207.25 on Friday. The company has a market cap of $60.09 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 1 year low of $169.23 and a 1 year high of $207.72. The stock’s fifty day moving average price is $199.67 and its 200-day moving average price is $199.18.

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.