Sequent Planning LLC Invests $486,000 in iShares MSCI USA Quality Factor ETF $QUAL

Sequent Planning LLC bought a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the 4th quarter, HoldingsChannel.com reports. The fund bought 2,445 shares of the company’s stock, valued at approximately $486,000.

Other institutional investors have also made changes to their positions in the company. MML Investors Services LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.3% during the second 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 boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 1.5% during the fourth quarter. Orgel Wealth Management LLC now owns 3,050,553 shares of the company’s stock worth $605,901,000 after purchasing an additional 44,952 shares during the period. Facet Wealth Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 9.9% during the fourth quarter. Facet Wealth Inc. now owns 2,888,100 shares of the company’s stock worth $589,952,000 after purchasing an additional 259,414 shares during the period. Focus Partners Wealth boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.1% during the third quarter. Focus Partners Wealth now owns 2,146,075 shares of the company’s stock worth $417,413,000 after purchasing an additional 43,309 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 3.1% during the third quarter. Raymond James Financial Inc. now owns 2,040,575 shares of the company’s stock worth $396,892,000 after purchasing an additional 62,154 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $210.45 on Monday. The stock has a market cap of $61.02 billion, a P/E ratio of 25.59 and a beta of 1.05. The firm has a 50 day simple moving average of $200.79 and a 200 day simple moving average of $200.21. iShares MSCI USA Quality Factor ETF has a 52 week low of $173.00 and a 52 week high of $212.78.

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.