Lane Brothers & Co. Inc. Acquires Shares of 4,968 iShares MSCI USA Quality Factor ETF $QUAL

Lane Brothers & Co. Inc. acquired a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,968 shares of the company’s stock, valued at approximately $987,000. iShares MSCI USA Quality Factor ETF accounts for about 0.7% of Lane Brothers & Co. Inc.’s portfolio, making the stock its 28th largest holding.

A number of other large investors have also modified their holdings of the company. WealthBridge Capital Management LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 3.7% during the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock valued at $277,000 after acquiring an additional 50 shares during the period. Empire Life Investments Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 0.8% in the 4th quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock valued at $1,222,000 after purchasing an additional 50 shares in the last quarter. Tompkins Financial Corp raised its holdings in iShares MSCI USA Quality Factor ETF by 17.8% in the 4th quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock worth $68,000 after purchasing an additional 52 shares during the period. Sunbelt Securities Inc. raised its holdings in iShares MSCI USA Quality Factor ETF by 1.4% in the 4th quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock worth $723,000 after purchasing an additional 52 shares during the period. Finally, First Command Advisory Services Inc. boosted its position in iShares MSCI USA Quality Factor ETF by 16.5% during the fourth quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock worth $74,000 after purchasing an additional 53 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $215.89 on Friday. iShares MSCI USA Quality Factor ETF has a 12-month low of $175.20 and a 12-month high of $219.82. The business’s 50 day moving average is $210.83 and its two-hundred day moving average is $203.64. The company has a market capitalization of $62.60 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.