WealthPLAN Partners LLC Decreases Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

WealthPLAN Partners LLC cut its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 44.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,750 shares of the company’s stock after selling 6,869 shares during the quarter. WealthPLAN Partners LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,738,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. WealthBridge Capital Management LLC increased its stake in iShares MSCI USA Quality Factor ETF by 3.7% in the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock worth $277,000 after purchasing an additional 50 shares in the last quarter. Empire Life Investments Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 0.8% in the fourth quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock worth $1,222,000 after buying an additional 50 shares during the period. Tompkins Financial Corp increased its position in shares of iShares MSCI USA Quality Factor ETF by 17.8% in the fourth quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock worth $68,000 after acquiring an additional 52 shares in the last quarter. First Command Advisory Services Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 16.5% in the fourth quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock worth $74,000 after acquiring an additional 53 shares in the last quarter. Finally, Members Trust Co raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 4.3% during the third quarter. Members Trust Co now owns 1,384 shares of the company’s stock valued at $269,000 after acquiring an additional 57 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $215.90 on Friday. The firm has a 50 day simple moving average of $208.14 and a 200 day simple moving average of $202.84. iShares MSCI USA Quality Factor ETF has a 52 week low of $175.20 and a 52 week high of $217.65. The company has a market cap of $62.60 billion, a PE 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.