Foundry Financial Group Inc. Trims Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Foundry Financial Group Inc. trimmed its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,299 shares of the company’s stock after selling 1,105 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 4.4% of Foundry Financial Group Inc.’s portfolio, making the stock its 9th largest position. Foundry Financial Group Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $6,369,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in QUAL. Aveo Capital Partners LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 93.9% during the 4th quarter. Aveo Capital Partners LLC now owns 4,785 shares of the company’s stock worth $704,000 after acquiring an additional 2,317 shares during the last quarter. 9258 Wealth Management LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 2.5% during the 4th quarter. 9258 Wealth Management LLC now owns 12,033 shares of the company’s stock worth $1,771,000 after acquiring an additional 289 shares during the last quarter. Rollins Financial grew its holdings in iShares MSCI USA Quality Factor ETF by 26.3% during the 4th quarter. Rollins Financial now owns 22,116 shares of the company’s stock worth $3,254,000 after acquiring an additional 4,612 shares during the last quarter. Gryphon Financial Partners LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the 4th quarter worth approximately $906,000. Finally, QRG Capital Management Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $272,000.

iShares MSCI USA Quality Factor ETF Stock Performance

BATS:QUAL opened at $176.82 on Monday. The firm’s fifty day moving average is $172.57 and its 200-day moving average is $167.31. iShares MSCI USA Quality Factor ETF has a 52 week low of $71.96 and a 52 week high of $88.63. The firm has a market cap of $46.66 billion, a P/E ratio of 23.03 and a beta of 1.03.

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.