Kellett Wealth Advisors LLC Has $853,000 Holdings in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Kellett Wealth Advisors LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 11.7% during the first quarter, Holdings Channel.com reports. The institutional investor owned 4,994 shares of the company’s stock after purchasing an additional 525 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 0.6% of Kellett Wealth Advisors LLC’s investment portfolio, making the stock its 26th biggest holding. Kellett Wealth Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $853,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC increased its stake in iShares MSCI USA Quality Factor ETF by 25.3% in the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock valued at $1,786,000 after purchasing an additional 2,023 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the 4th quarter valued at about $81,990,000. Principal Financial Group Inc. grew its stake in shares of iShares MSCI USA Quality Factor ETF by 91.0% in the 4th quarter. Principal Financial Group Inc. now owns 18,893 shares of the company’s stock valued at $3,364,000 after buying an additional 9,001 shares during the period. Highview Capital Management LLC DE increased its position in iShares MSCI USA Quality Factor ETF by 4.9% in the 4th quarter. Highview Capital Management LLC DE now owns 36,991 shares of the company’s stock valued at $6,587,000 after buying an additional 1,731 shares in the last quarter. Finally, Ieq Capital LLC raised its stake in iShares MSCI USA Quality Factor ETF by 5.3% during the 4th quarter. Ieq Capital LLC now owns 6,266 shares of the company’s stock worth $1,116,000 after buying an additional 313 shares during the period.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $179.67 on Wednesday. iShares MSCI USA Quality Factor ETF has a 52-week low of $148.34 and a 52-week high of $187.26. The business’s 50 day simple moving average is $173.98 and its two-hundred day simple moving average is $176.24. The firm has a market cap of $52.09 billion, a P/E ratio of 25.59 and a beta of 1.05.

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.