LifePlan Investment Advisors Inc. Cuts Holdings in iShares MSCI USA Quality Factor ETF $QUAL

LifePlan Investment Advisors Inc. lowered its position in iShares MSCI USA Quality Factor ETF (BATS:QUALFree Report) by 70.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,849 shares of the company’s stock after selling 9,099 shares during the quarter. LifePlan Investment Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $845,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in QUAL. Bank of America Corp DE raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 36.9% in the 1st quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock worth $1,676,734,000 after purchasing an additional 2,357,971 shares during the period. MML Investors Services LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.3% during the 2nd quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after purchasing an additional 44,285 shares during the period. Orgel Wealth Management LLC increased its position in iShares MSCI USA Quality Factor ETF by 2.0% during the 2nd quarter. Orgel Wealth Management LLC now owns 3,358,210 shares of the company’s stock worth $736,892,000 after purchasing an additional 65,534 shares in the last quarter. Facet Wealth Inc. increased its position in iShares MSCI USA Quality Factor ETF by 11.3% during the 2nd quarter. Facet Wealth Inc. now owns 3,300,180 shares of the company’s stock worth $724,159,000 after purchasing an additional 334,234 shares in the last quarter. Finally, Focus Partners Wealth raised its holdings in iShares MSCI USA Quality Factor ETF by 11.2% in the fourth quarter. Focus Partners Wealth now owns 2,386,956 shares of the company’s stock valued at $474,097,000 after buying an additional 240,881 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS QUAL opened at $223.46 on Friday. The firm has a market capitalization of $64.79 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a one year low of $185.88 and a one year high of $227.32. The company’s 50 day moving average price is $220.94 and its 200 day moving average price is $210.98.

About iShares MSCI USA Quality Factor ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares MSCI USA Quality Factor ETF (BATS:QUAL)

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