Life Planning Partners Inc Makes New Investment in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Life Planning Partners Inc purchased a new position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 36,732 shares of the company’s stock, valued at approximately $6,541,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of QUAL. Citigroup Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 67.0% in the 3rd quarter. Citigroup Inc. now owns 48,355 shares of the company’s stock valued at $8,670,000 after purchasing an additional 19,407 shares during the last quarter. Bank of Montreal Can lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 20.5% during the third quarter. Bank of Montreal Can now owns 24,777 shares of the company’s stock worth $4,427,000 after purchasing an additional 4,215 shares during the period. Financial Counselors Inc. grew its position in iShares MSCI USA Quality Factor ETF by 17.3% in the 3rd quarter. Financial Counselors Inc. now owns 3,612 shares of the company’s stock valued at $648,000 after buying an additional 534 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $2,367,000. Finally, Rockefeller Capital Management L.P. raised its position in iShares MSCI USA Quality Factor ETF by 0.6% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 179,975 shares of the company’s stock worth $32,228,000 after buying an additional 1,101 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 4.0 %

Shares of BATS:QUAL opened at $169.57 on Friday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $154.17 and a fifty-two week high of $187.26. The firm’s 50-day simple moving average is $179.47 and its 200-day simple moving average is $180.27. The company has a market cap of $48.13 billion, a price-to-earnings ratio of 26.45 and a beta of 1.04.

iShares MSCI USA Quality Factor ETF 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.