Kestra Private Wealth Services LLC Acquires 8,022 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Kestra Private Wealth Services LLC raised its holdings in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 8.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 108,440 shares of the company’s stock after buying an additional 8,022 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $23,795,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Advocate Investing Services LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter worth $25,000. Resources Management Corp CT ADV acquired a new position in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at $27,000. Financial Life Planners bought a new position in shares of iShares MSCI USA Quality Factor ETF during the 1st quarter worth about $28,000. Ares Financial Consulting LLC bought a new position in iShares MSCI USA Quality Factor ETF during the fourth quarter worth about $30,000. Finally, Cornerstone Financial Management LLC acquired a new stake in iShares MSCI USA Quality Factor ETF in the 4th quarter valued at $30,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS:QUAL opened at $227.18 on Friday. The company has a market capitalization of $65.87 billion, a PE ratio of 25.59 and a beta of 1.05. iShares MSCI USA Quality Factor ETF has a 52 week low of $185.88 and a 52 week high of $227.32. The company’s fifty day moving average is $218.38 and its 200-day moving average is $208.80.

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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.