Kellett Wealth Advisors LLC Purchases 335 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Kellett Wealth Advisors LLC increased its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.7% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 5,329 shares of the company’s stock after buying an additional 335 shares during the period. iShares MSCI USA Quality Factor ETF accounts for about 0.6% of Kellett Wealth Advisors LLC’s investment portfolio, making the stock its 26th largest holding. Kellett Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $974,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Galvin Gaustad & Stein LLC grew its position in iShares MSCI USA Quality Factor ETF by 2.6% in the 2nd quarter. Galvin Gaustad & Stein LLC now owns 2,095 shares of the company’s stock worth $383,000 after purchasing an additional 54 shares during the last quarter. Global Financial Private Client LLC grew its position in iShares MSCI USA Quality Factor ETF by 0.6% in the 2nd quarter. Global Financial Private Client LLC now owns 10,696 shares of the company’s stock worth $1,955,000 after purchasing an additional 60 shares during the last quarter. L. Roy Papp & Associates LLP grew its position in iShares MSCI USA Quality Factor ETF by 2.5% in the 2nd quarter. L. Roy Papp & Associates LLP now owns 2,461 shares of the company’s stock worth $450,000 after purchasing an additional 60 shares during the last quarter. Acorn Wealth Advisors LLC grew its position in iShares MSCI USA Quality Factor ETF by 0.4% in the 1st quarter. Acorn Wealth Advisors LLC now owns 14,431 shares of the company’s stock worth $2,466,000 after purchasing an additional 62 shares during the last quarter. Finally, Citizens National Bank Trust Department grew its position in iShares MSCI USA Quality Factor ETF by 2.6% in the 1st quarter. Citizens National Bank Trust Department now owns 2,606 shares of the company’s stock worth $445,000 after purchasing an additional 66 shares during the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

BATS QUAL opened at $192.92 on Tuesday. The firm has a market capitalization of $55.94 billion, a price-to-earnings ratio of 25.59 and a beta of 1.05. The company’s fifty day moving average is $190.48 and its two-hundred day moving average is $180.59. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26.

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.