Foundry Financial Group Inc. Acquires 2,861 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Foundry Financial Group Inc. lifted its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 4.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 67,697 shares of the company’s stock after purchasing an additional 2,861 shares during the quarter. iShares MSCI USA Quality Factor ETF makes up about 7.0% of Foundry Financial Group Inc.’s holdings, making the stock its 3rd biggest position. Foundry Financial Group Inc.’s holdings in iShares MSCI USA Quality Factor ETF were worth $12,376,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of QUAL. OVERSEA CHINESE BANKING Corp Ltd increased its stake in shares of iShares MSCI USA Quality Factor ETF by 2,898.7% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 7,622,243 shares of the company’s stock worth $1,302,565,000 after purchasing an additional 7,368,058 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares MSCI USA Quality Factor ETF by 9.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 31,853,469 shares of the company’s stock worth $5,443,439,000 after purchasing an additional 2,711,718 shares during the last quarter. BNP Paribas Financial Markets grew its stake in iShares MSCI USA Quality Factor ETF by 3,606,710.7% in the 1st quarter. BNP Paribas Financial Markets now owns 2,705,108 shares of the company’s stock valued at $462,276,000 after buying an additional 2,705,033 shares during the last quarter. LPL Financial LLC grew its stake in iShares MSCI USA Quality Factor ETF by 7.8% in the 1st quarter. LPL Financial LLC now owns 18,186,643 shares of the company’s stock valued at $3,107,915,000 after buying an additional 1,318,823 shares during the last quarter. Finally, Focus Partners Wealth grew its stake in iShares MSCI USA Quality Factor ETF by 213.6% in the 1st quarter. Focus Partners Wealth now owns 1,891,522 shares of the company’s stock valued at $323,242,000 after buying an additional 1,288,398 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 10.9%

BATS:QUAL opened at $195.93 on Thursday. iShares MSCI USA Quality Factor ETF has a 1 year low of $148.34 and a 1 year high of $187.26. The firm’s fifty day simple moving average is $188.91 and its 200 day simple moving average is $179.35. The firm has a market capitalization of $56.81 billion, a PE 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.