Lane Brothers & Co. Inc. Makes New Investment in iShares MSCI USA Quality Factor ETF $QUAL

Lane Brothers & Co. Inc. acquired a new stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 4,968 shares of the company’s stock, valued at approximately $987,000. iShares MSCI USA Quality Factor ETF comprises 0.7% of Lane Brothers & Co. Inc.’s holdings, making the stock its 28th largest position.

A number of other institutional investors have also modified their holdings of the stock. MML Investors Services LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 1.3% in the second quarter. MML Investors Services LLC now owns 3,454,291 shares of the company’s stock worth $631,514,000 after buying an additional 44,285 shares during the last quarter. Orgel Wealth Management LLC grew its holdings in 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 acquiring an additional 44,952 shares during the period. Facet Wealth Inc. raised its position in 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 valued at $589,952,000 after acquiring an additional 259,414 shares in the last quarter. Focus Partners Wealth raised its position in iShares MSCI USA Quality Factor ETF by 11.2% during the fourth quarter. Focus Partners Wealth now owns 2,386,956 shares of the company’s stock valued at $474,097,000 after acquiring an additional 240,881 shares in the last quarter. Finally, Raymond James Financial Inc. raised its position in 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 valued at $396,892,000 after acquiring an additional 62,154 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $215.89 on Friday. iShares MSCI USA Quality Factor ETF has a 12-month low of $175.20 and a 12-month high of $219.82. The business has a 50 day moving average of $210.83 and a two-hundred day moving average of $203.64. The company has a market capitalization of $62.60 billion, a PE ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF Company 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.