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

LifePlan Investment Advisors Inc. lessened its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 70.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm 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 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE increased its stake in iShares MSCI USA Quality Factor ETF by 36.9% in the first quarter. Bank of America Corp DE now owns 8,741,641 shares of the company’s stock valued at $1,676,734,000 after purchasing an additional 2,357,971 shares during the last quarter. Two Sigma Investments LP boosted its stake in iShares MSCI USA Quality Factor ETF by 99.7% in the 3rd quarter. Two Sigma Investments LP now owns 1,931,800 shares of the company’s stock worth $375,735,000 after buying an additional 964,500 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 403.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,107,669 shares of the company’s stock valued at $220,005,000 after buying an additional 887,478 shares during the period. Heck Capital Advisors LLC purchased a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $81,990,000. Finally, Orion Porfolio Solutions LLC increased its stake in shares of iShares MSCI USA Quality Factor ETF by 298.3% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 542,767 shares of the company’s stock valued at $99,229,000 after acquiring an additional 406,488 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $223.46 on Friday. The company has a market cap of $64.79 billion, a P/E ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12 month low of $185.88 and a 12 month high of $227.32. The company has a 50-day moving average of $220.94 and a 200-day moving average of $210.98.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.