Foster Group Inc. Raises Position in iShares MSCI USA Quality Factor ETF $QUAL

Foster Group Inc. boosted its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 2.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 765,906 shares of the company’s stock after purchasing an additional 15,611 shares during the period. iShares MSCI USA Quality Factor ETF makes up approximately 4.5% of Foster Group Inc.’s holdings, making the stock its 4th largest position. Foster Group Inc. owned about 0.26% of iShares MSCI USA Quality Factor ETF worth $168,063,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. WealthBridge Capital Management LLC boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 3.7% in the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock worth $277,000 after buying an additional 50 shares during the last quarter. Empire Life Investments Inc. increased its position in iShares MSCI USA Quality Factor ETF by 0.8% during the fourth quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock valued at $1,222,000 after acquiring an additional 50 shares during the last quarter. Sunbelt Securities Inc. increased its position in iShares MSCI USA Quality Factor ETF by 1.4% during the fourth quarter. Sunbelt Securities Inc. now owns 3,641 shares of the company’s stock valued at $723,000 after acquiring an additional 52 shares during the last quarter. First Command Advisory Services Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 16.5% in the fourth quarter. First Command Advisory Services Inc. now owns 374 shares of the company’s stock valued at $74,000 after acquiring an additional 53 shares during the period. Finally, Northwest Financial Advisors lifted its holdings in iShares MSCI USA Quality Factor ETF by 3.8% in the first quarter. Northwest Financial Advisors now owns 1,457 shares of the company’s stock valued at $279,000 after acquiring an additional 53 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $224.83 on Thursday. The stock has a market capitalization of $65.19 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The stock’s 50-day simple moving average is $217.22 and its two-hundred day simple moving average is $207.81. iShares MSCI USA Quality Factor ETF has a 52-week low of $183.28 and a 52-week 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.