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

MML Investors Services LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 25.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,850,669 shares of the company’s stock after selling 643,912 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises approximately 0.9% of MML Investors Services LLC’s investment portfolio, making the stock its 17th biggest holding. MML Investors Services LLC owned approximately 0.64% of iShares MSCI USA Quality Factor ETF worth $367,580,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. WealthBridge Capital Management LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 3.7% during the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock worth $277,000 after buying an additional 50 shares during the period. Empire Life Investments Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 0.8% during the 4th quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock worth $1,222,000 after buying an additional 50 shares during the period. Tompkins Financial Corp grew its position in shares of iShares MSCI USA Quality Factor ETF by 17.8% during the 4th quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock worth $68,000 after buying an additional 52 shares during the period. First Command Advisory Services Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 16.5% during the 4th quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock worth $74,000 after buying an additional 53 shares during the period. Finally, Members Trust Co grew its position in shares of iShares MSCI USA Quality Factor ETF by 4.3% during the 3rd quarter. Members Trust Co now owns 1,384 shares of the company’s stock worth $269,000 after buying an additional 57 shares during the period.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of BATS:QUAL opened at $216.91 on Monday. iShares MSCI USA Quality Factor ETF has a one year low of $175.20 and a one year high of $217.65. The company has a 50 day moving average of $208.62 and a 200-day moving average of $203.01. The stock has a market cap of $62.89 billion, a price-to-earnings 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.