Retirement Planning Group LLC NY Invests $1.55 Million in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Retirement Planning Group LLC NY acquired a new position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 8,705 shares of the company’s stock, valued at approximately $1,550,000. iShares MSCI USA Quality Factor ETF comprises approximately 1.7% of Retirement Planning Group LLC NY’s holdings, making the stock its 18th biggest holding.

Other large investors have also recently made changes to their positions in the company. IHT Wealth Management LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 3.9% during the fourth quarter. IHT Wealth Management LLC now owns 215,653 shares of the company’s stock valued at $38,403,000 after purchasing an additional 7,995 shares in the last quarter. Florida Financial Advisors LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 2.9% during the fourth quarter. Florida Financial Advisors LLC now owns 2,315 shares of the company’s stock valued at $412,000 after purchasing an additional 66 shares in the last quarter. Wells Financial Advisors INC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 7.5% during the fourth quarter. Wells Financial Advisors INC now owns 18,154 shares of the company’s stock valued at $3,233,000 after purchasing an additional 1,260 shares in the last quarter. Ellis Investment Partners LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 13.1% during the fourth quarter. Ellis Investment Partners LLC now owns 12,785 shares of the company’s stock valued at $2,277,000 after purchasing an additional 1,481 shares in the last quarter. Finally, PFG Advisors boosted its position in shares of iShares MSCI USA Quality Factor ETF by 3.2% during the fourth quarter. PFG Advisors now owns 102,691 shares of the company’s stock valued at $18,287,000 after purchasing an additional 3,189 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Down 1.4%

BATS QUAL opened at $174.12 on Friday. iShares MSCI USA Quality Factor ETF has a twelve month low of $148.34 and a twelve month high of $187.26. The firm has a market capitalization of $49.88 billion, a PE ratio of 25.81 and a beta of 1.06. The stock’s 50 day moving average is $168.80 and its 200 day moving average is $177.05.

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.