Sterling Financial Planning Inc. Increases Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Sterling Financial Planning Inc. boosted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 9.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,683 shares of the company’s stock after purchasing an additional 151 shares during the quarter. Sterling Financial Planning Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $300,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Alpha Financial Partners LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF by 903.5% during the third quarter. Alpha Financial Partners LLC now owns 38,674 shares of the company’s stock valued at $6,934,000 after acquiring an additional 34,820 shares during the last quarter. Creative Planning raised its stake in iShares MSCI USA Quality Factor ETF by 1.6% in the 3rd quarter. Creative Planning now owns 65,886 shares of the company’s stock valued at $11,813,000 after purchasing an additional 1,041 shares during the last quarter. Vicus Capital acquired a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at $206,000. Signaturefd LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 46.3% in the 3rd quarter. Signaturefd LLC now owns 717 shares of the company’s stock valued at $129,000 after purchasing an additional 227 shares in the last quarter. Finally, Tempus Wealth Planning LLC boosted its stake in iShares MSCI USA Quality Factor ETF by 30.6% during the 3rd quarter. Tempus Wealth Planning LLC now owns 6,470 shares of the company’s stock worth $1,160,000 after purchasing an additional 1,516 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Up 5.4 %

Shares of BATS QUAL opened at $186.15 on Thursday. The firm has a 50-day simple moving average of $181.79 and a 200-day simple moving average of $179.74. The stock has a market capitalization of $49.12 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63.

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.