iShares MSCI USA Quality Factor ETF $QUAL Shares Acquired by Foster Group Inc.

Foster Group Inc. lifted its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 700,695 shares of the company’s stock after purchasing an additional 13,601 shares during the period. iShares MSCI USA Quality Factor ETF comprises about 4.3% of Foster Group Inc.’s holdings, making the stock its 6th largest position. Foster Group Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $136,285,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Keener Financial Planning LLC purchased a new position in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth about $29,000. CoreFirst Bank & Trust acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the second quarter worth $33,000. Legacy Wealth Managment LLC ID purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the first quarter valued at about $37,000. CX Institutional boosted its holdings in iShares MSCI USA Quality Factor ETF by 151.9% in the 2nd quarter. CX Institutional now owns 204 shares of the company’s stock valued at $37,000 after purchasing an additional 123 shares in the last quarter. Finally, Legacy Investment Solutions LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the second quarter worth $40,000.

iShares MSCI USA Quality Factor ETF Stock Up 12.6%

Shares of BATS QUAL opened at $198.82 on Monday. The firm has a 50-day moving average price of $196.11 and a 200 day moving average price of $189.99. iShares MSCI USA Quality Factor ETF has a 52 week low of $148.34 and a 52 week high of $187.26. The stock has a market capitalization of $57.65 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

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.