Spectrum Planning & Advisory Services Inc. Purchases 1,373 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Spectrum Planning & Advisory Services Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,771 shares of the company’s stock after buying an additional 1,373 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 6.5% of Spectrum Planning & Advisory Services Inc.’s portfolio, making the stock its 4th largest position. Spectrum Planning & Advisory Services Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $7,439,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. FMR LLC increased its position in shares of iShares MSCI USA Quality Factor ETF by 7.9% during the third quarter. FMR LLC now owns 15,848,761 shares of the company’s stock valued at $2,841,683,000 after acquiring an additional 1,160,410 shares during the last quarter. LPL Financial LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 14,725,824 shares of the company’s stock worth $2,640,340,000 after purchasing an additional 950,857 shares during the period. Sanctuary Advisors LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at approximately $108,645,000. Orgel Wealth Management LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 71.6% in the 3rd quarter. Orgel Wealth Management LLC now owns 1,236,792 shares of the company’s stock valued at $221,757,000 after purchasing an additional 515,998 shares during the last quarter. Finally, Kestra Investment Management LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the second quarter valued at approximately $77,463,000.

iShares MSCI USA Quality Factor ETF Stock Up 4.0 %

QUAL opened at $183.72 on Wednesday. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The business has a fifty day simple moving average of $181.92 and a 200-day simple moving average of $178.30. The firm has a market cap of $48.48 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.