Cornerstone Planning Group LLC Sells 7,875 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Cornerstone Planning Group LLC decreased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 38.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 12,738 shares of the company’s stock after selling 7,875 shares during the quarter. Cornerstone Planning Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,602,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Syntax Research Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 10.1% during the 4th quarter. Syntax Research Inc. now owns 10,532 shares of the company’s stock worth $2,092,000 after acquiring an additional 963 shares during the period. Uptick Partners LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 96.4% during the 4th quarter. Uptick Partners LLC now owns 7,798 shares of the company’s stock worth $1,549,000 after acquiring an additional 3,828 shares during the period. Total Clarity Wealth Management Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 28.4% during the 4th quarter. Total Clarity Wealth Management Inc. now owns 9,673 shares of the company’s stock worth $1,921,000 after acquiring an additional 2,141 shares during the period. Oppenheimer & Co. Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 234.4% during the 4th quarter. Oppenheimer & Co. Inc. now owns 25,582 shares of the company’s stock worth $5,081,000 after acquiring an additional 17,932 shares during the period. Finally, Citizens Financial Group Inc. RI grew its stake in shares of iShares MSCI USA Quality Factor ETF by 49.3% during the 4th quarter. Citizens Financial Group Inc. RI now owns 3,284 shares of the company’s stock worth $652,000 after acquiring an additional 1,084 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

QUAL stock opened at $207.15 on Friday. The company has a market capitalization of $60.06 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $169.23 and a fifty-two week high of $208.67. The stock has a fifty day moving average of $199.67 and a 200-day moving average of $199.18.

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.