iShares MSCI USA Quality Factor ETF (BATS:QUAL) is Kelly Financial Services LLC’s 2nd Largest Position

Kelly Financial Services LLC grew its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 111,368 shares of the company’s stock after acquiring an additional 3,930 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 5.9% of Kelly Financial Services LLC’s investment portfolio, making the stock its 2nd biggest position. Kelly Financial Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $19,836,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Renaissance Technologies LLC purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at $1,161,000. Edgestream Partners L.P. acquired a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at about $803,000. Blair William & Co. IL increased its stake in iShares MSCI USA Quality Factor ETF by 24.0% during the second quarter. Blair William & Co. IL now owns 16,988 shares of the company’s stock worth $2,901,000 after purchasing an additional 3,287 shares during the period. Hsbc Holdings PLC lifted its position in shares of iShares MSCI USA Quality Factor ETF by 12.8% during the second quarter. Hsbc Holdings PLC now owns 102,754 shares of the company’s stock worth $17,546,000 after purchasing an additional 11,671 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its stake in shares of iShares MSCI USA Quality Factor ETF by 7.6% in the second quarter. Thrivent Financial for Lutherans now owns 1,004,573 shares of the company’s stock valued at $171,542,000 after purchasing an additional 70,980 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $180.68 on Friday. 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 company has a 50 day moving average price of $181.78 and a 200 day moving average price of $177.78. The stock has a market capitalization of $47.68 billion, a P/E ratio of 23.03 and a beta of 1.03.

iShares MSCI USA Quality Factor ETF 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.