Foundations Investment Advisors LLC Sells 2,470 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Foundations Investment Advisors LLC reduced its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL – Get Rating) by 2.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 122,553 shares of the company’s stock after selling 2,470 shares during the quarter. Foundations Investment Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $13,966,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of Montreal Can raised its position in shares of iShares MSCI USA Quality Factor ETF by 16.3% in the first quarter. Bank of Montreal Can now owns 15,119 shares of the company’s stock valued at $2,064,000 after purchasing an additional 2,119 shares during the period. Blair William & Co. IL grew its stake in shares of iShares MSCI USA Quality Factor ETF by 143.9% in the first quarter. Blair William & Co. IL now owns 10,830 shares of the company’s stock valued at $1,458,000 after acquiring an additional 6,389 shares in the last quarter. Mather Group LLC. acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the first quarter valued at about $397,000. Prudential Financial Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 8.4% in the first quarter. Prudential Financial Inc. now owns 49,277 shares of the company’s stock valued at $6,634,000 after acquiring an additional 3,812 shares in the last quarter. Finally, AJ Wealth Strategies LLC grew its stake in shares of iShares MSCI USA Quality Factor ETF by 4.2% in the first quarter. AJ Wealth Strategies LLC now owns 465,618 shares of the company’s stock valued at $62,686,000 after acquiring an additional 18,557 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock traded down $0.86 on Friday, hitting $118.98. The company’s stock had a trading volume of 43,206,786 shares. The stock’s 50 day moving average is $120.37 and its 200-day moving average is $115.74. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The company has a market capitalization of $18.35 billion, a PE ratio of 16.30 and a beta of 1.02.

iShares MSCI USA Quality Factor ETF Company Profile

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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.