iShares MSCI USA Quality Factor ETF $QUAL Shares Bought by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 13.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 853,617 shares of the company’s stock after acquiring an additional 102,231 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 2.5% of Foundations Investment Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. Foundations Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $156,058,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of QUAL. BNP Paribas Financial Markets lifted its stake in iShares MSCI USA Quality Factor ETF by 3,606,710.7% in the 1st quarter. BNP Paribas Financial Markets now owns 2,705,108 shares of the company’s stock valued at $462,276,000 after acquiring an additional 2,705,033 shares in the last quarter. LPL Financial LLC increased its position in iShares MSCI USA Quality Factor ETF by 7.8% during the first quarter. LPL Financial LLC now owns 18,186,643 shares of the company’s stock worth $3,107,915,000 after buying an additional 1,318,823 shares during the last quarter. Focus Partners Wealth raised its stake in iShares MSCI USA Quality Factor ETF by 213.6% in the 1st quarter. Focus Partners Wealth now owns 1,891,522 shares of the company’s stock valued at $323,242,000 after acquiring an additional 1,288,398 shares during the period. Liberty Wealth Management LLC boosted its holdings in shares of iShares MSCI USA Quality Factor ETF by 995.9% during the 1st quarter. Liberty Wealth Management LLC now owns 1,312,382 shares of the company’s stock worth $224,273,000 after buying an additional 1,192,632 shares during the period. Finally, Orgel Wealth Management LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 56.8% during the 2nd quarter. Orgel Wealth Management LLC now owns 2,954,525 shares of the company’s stock worth $540,146,000 after purchasing an additional 1,070,608 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $194.23 on Friday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26. The company has a market cap of $56.32 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock has a fifty day moving average price of $194.21 and a 200-day moving average price of $185.99.

iShares MSCI USA Quality Factor ETF 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.