Foster Group Inc. increased its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL – Free Report) by 2.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 765,906 shares of the company’s stock after purchasing an additional 15,611 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up approximately 4.5% of Foster Group Inc.’s investment portfolio, making the stock its 4th biggest position. Foster Group Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $168,063,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Advocate Investing Services LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the fourth quarter valued at about $25,000. Resources Management Corp CT ADV bought a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth about $27,000. Financial Life Planners purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter valued at about $28,000. Ares Financial Consulting LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $30,000. Finally, Cornerstone Financial Management LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 4th quarter valued at approximately $30,000.
iShares MSCI USA Quality Factor ETF Stock Performance
Shares of BATS:QUAL opened at $224.83 on Thursday. The stock has a 50 day moving average of $217.22 and a 200 day moving average of $207.81. The company has a market cap of $65.19 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 12-month low of $183.28 and a 12-month high of $227.16.
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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.
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