Foundations Investment Advisors LLC Has $106.47 Million Position in iShares MSCI USA Quality Factor ETF $QUAL

Foundations Investment Advisors LLC cut its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 35.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 536,023 shares of the company’s stock after selling 291,725 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up 1.4% of Foundations Investment Advisors LLC’s portfolio, making the stock its 13th largest holding. Foundations Investment Advisors LLC owned about 0.18% of iShares MSCI USA Quality Factor ETF worth $106,465,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hantz Financial Services Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at $25,000. Financial Life Planners bought a new position in shares of iShares MSCI USA Quality Factor ETF during the third quarter valued at $28,000. Ares Financial Consulting LLC bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $30,000. Decker Retirement Planning Inc. bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $32,000. Finally, Ransom Advisory Ltd bought a new position in shares of iShares MSCI USA Quality Factor ETF during the fourth quarter valued at $39,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $215.24 on Thursday. The stock has a market cap of $62.41 billion, a PE ratio of 25.59 and a beta of 1.05. The business has a fifty day moving average of $203.11 and a two-hundred day moving average of $201.17. iShares MSCI USA Quality Factor ETF has a 52-week low of $175.20 and a 52-week high of $216.22.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.