Founders Financial Alliance LLC Sells 236 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Founders Financial Alliance LLC lessened its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 15.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,261 shares of the company’s stock after selling 236 shares during the quarter. Founders Financial Alliance LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $215,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Savvy Advisors Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 137.4% during the 1st quarter. Savvy Advisors Inc. now owns 11,823 shares of the company’s stock valued at $2,020,000 after buying an additional 6,843 shares in the last quarter. LaSalle St. Investment Advisors LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 27.9% during the 1st quarter. LaSalle St. Investment Advisors LLC now owns 4,110 shares of the company’s stock valued at $702,000 after buying an additional 896 shares in the last quarter. AlphaCore Capital LLC bought a new stake in iShares MSCI USA Quality Factor ETF during the 1st quarter valued at about $5,208,000. WealthPLAN Partners LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 13.5% during the 1st quarter. WealthPLAN Partners LLC now owns 16,580 shares of the company’s stock valued at $2,833,000 after buying an additional 1,966 shares in the last quarter. Finally, Headlands Technologies LLC lifted its holdings in iShares MSCI USA Quality Factor ETF by 8.7% during the 1st quarter. Headlands Technologies LLC now owns 1,309 shares of the company’s stock valued at $224,000 after buying an additional 105 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $185.62 on Friday. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26. The company has a 50-day moving average of $182.34 and a 200 day moving average of $177.06. The firm has a market capitalization of $53.82 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF Company 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.