MML Investors Services LLC Has $367.58 Million Stake in iShares MSCI USA Quality Factor ETF $QUAL

MML Investors Services LLC decreased its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 25.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,850,669 shares of the company’s stock after selling 643,912 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 0.9% of MML Investors Services LLC’s portfolio, making the stock its 17th biggest position. MML Investors Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $367,580,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of QUAL. WealthBridge Capital Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 3.7% during the fourth quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock valued at $277,000 after purchasing an additional 50 shares during the period. Empire Life Investments Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 0.8% during the fourth quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock valued at $1,222,000 after purchasing an additional 50 shares during the period. Tompkins Financial Corp grew its holdings in iShares MSCI USA Quality Factor ETF by 17.8% during the fourth quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock valued at $68,000 after purchasing an additional 52 shares during the period. First Command Advisory Services Inc. grew its holdings in iShares MSCI USA Quality Factor ETF by 16.5% during the fourth quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock valued at $74,000 after purchasing an additional 53 shares during the period. Finally, Members Trust Co grew its holdings in iShares MSCI USA Quality Factor ETF by 4.3% during the third quarter. Members Trust Co now owns 1,384 shares of the company’s stock valued at $269,000 after purchasing an additional 57 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $216.91 on Monday. The stock has a market cap of $62.89 billion, a P/E ratio of 25.59 and a beta of 1.05. The firm has a 50 day moving average price of $208.62 and a 200 day moving average price of $203.01. iShares MSCI USA Quality Factor ETF has a 52-week low of $175.20 and a 52-week high of $217.65.

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.