LifePlan Investment Advisors Inc. Purchases 2,478 Shares of iShares MSCI USA Quality Factor ETF $QUAL

LifePlan Investment Advisors Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 14.0% during the 4th quarter, Holdings Channel reports. The fund owned 20,224 shares of the company’s stock after buying an additional 2,478 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 1.6% of LifePlan Investment Advisors Inc.’s investment portfolio, making the stock its 20th biggest holding. LifePlan Investment Advisors Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,017,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of QUAL. Brighton Jones LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 25.3% in the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock valued at $1,786,000 after buying an additional 2,023 shares in the last quarter. Heck Capital Advisors LLC bought a new position in iShares MSCI USA Quality Factor ETF in the fourth quarter valued at approximately $81,990,000. Bison Wealth LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 21.6% in the fourth quarter. Bison Wealth LLC now owns 19,062 shares of the company’s stock valued at $3,395,000 after buying an additional 3,383 shares in the last quarter. AQR Capital Management LLC lifted its stake in iShares MSCI USA Quality Factor ETF by 45.5% in the first quarter. AQR Capital Management LLC now owns 19,681 shares of the company’s stock valued at $3,363,000 after buying an additional 6,152 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in iShares MSCI USA Quality Factor ETF by 88.9% in the first quarter. Goldman Sachs Group Inc. now owns 132,198 shares of the company’s stock valued at $22,591,000 after buying an additional 62,219 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $214.38 on Monday. iShares MSCI USA Quality Factor ETF has a twelve month low of $173.00 and a twelve month high of $215.03. The firm’s 50 day moving average price is $201.97 and its two-hundred day moving average price is $200.73. The firm has a market cap of $62.16 billion, a P/E ratio of 25.59 and a beta of 1.05.

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