Kelly Financial Services LLC Has $19.26 Million Stock Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Kelly Financial Services LLC raised its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 107,438 shares of the company’s stock after buying an additional 1,350 shares during the period. iShares MSCI USA Quality Factor ETF accounts for 7.1% of Kelly Financial Services LLC’s investment portfolio, making the stock its 2nd biggest holding. Kelly Financial Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $19,264,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its holdings in iShares MSCI USA Quality Factor ETF by 3.6% during the third quarter. GAMMA Investing LLC now owns 1,670 shares of the company’s stock worth $299,000 after buying an additional 58 shares during the last quarter. Carnegie Investment Counsel lifted its stake in iShares MSCI USA Quality Factor ETF by 0.5% in the second quarter. Carnegie Investment Counsel now owns 11,675 shares of the company’s stock valued at $1,994,000 after purchasing an additional 61 shares during the last quarter. Bristlecone Advisors LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 0.4% during the second quarter. Bristlecone Advisors LLC now owns 17,056 shares of the company’s stock valued at $2,912,000 after purchasing an additional 63 shares during the period. Integrated Advisors Network LLC increased its position in iShares MSCI USA Quality Factor ETF by 0.9% in the fourth quarter. Integrated Advisors Network LLC now owns 7,545 shares of the company’s stock worth $1,110,000 after buying an additional 66 shares during the last quarter. Finally, NBC Securities Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 27.2% during the 1st quarter. NBC Securities Inc. now owns 309 shares of the company’s stock worth $51,000 after acquiring an additional 66 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL opened at $180.61 on Thursday. The firm has a market cap of $47.66 billion, a P/E ratio of 23.03 and a beta of 1.03. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $71.96 and a fifty-two week high of $88.63. The business has a 50-day moving average of $174.74 and a 200 day moving average of $169.19.

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.