Beacon Financial Planning Inc. Increases Stock Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Beacon Financial Planning Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 41.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,476 shares of the company’s stock after purchasing an additional 6,251 shares during the period. iShares MSCI USA Quality Factor ETF makes up about 2.2% of Beacon Financial Planning Inc.’s portfolio, making the stock its 10th biggest holding. Beacon Financial Planning Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,824,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Signaturefd LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 46.3% in the third quarter. Signaturefd LLC now owns 717 shares of the company’s stock valued at $129,000 after buying an additional 227 shares during the period. CreativeOne Wealth LLC raised its holdings in iShares MSCI USA Quality Factor ETF by 43.4% in the 3rd quarter. CreativeOne Wealth LLC now owns 252,618 shares of the company’s stock valued at $45,294,000 after acquiring an additional 76,472 shares in the last quarter. Midwest Heritage Bank FSB lifted its position in shares of iShares MSCI USA Quality Factor ETF by 1.7% during the 3rd quarter. Midwest Heritage Bank FSB now owns 11,574 shares of the company’s stock valued at $2,075,000 after acquiring an additional 199 shares during the period. Quotient Wealth Partners LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 2.3% during the 3rd quarter. Quotient Wealth Partners LLC now owns 8,866 shares of the company’s stock worth $1,590,000 after purchasing an additional 200 shares in the last quarter. Finally, Armstrong Advisory Group Inc. increased its position in shares of iShares MSCI USA Quality Factor ETF by 28.3% in the third quarter. Armstrong Advisory Group Inc. now owns 671 shares of the company’s stock worth $120,000 after purchasing an additional 148 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Up 3.8 %

QUAL opened at $183.41 on Wednesday. The stock has a market capitalization of $48.40 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a twelve month low of $71.96 and a twelve month high of $88.63. The company has a 50-day simple moving average of $182.01 and a 200 day simple moving average of $178.56.

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.