Millington Financial Advisors LLC Cuts Stock Position in iShares MSCI USA Quality Factor ETF $QUAL

Millington Financial Advisors LLC lessened its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 47.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 7,727 shares of the company’s stock after selling 7,100 shares during the quarter. Millington Financial Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $1,574,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QUAL. Key Financial Inc boosted its holdings in iShares MSCI USA Quality Factor ETF by 4.0% in the fourth quarter. Key Financial Inc now owns 2,420 shares of the company’s stock worth $481,000 after acquiring an additional 94 shares in the last quarter. Regimen Wealth LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 0.6% in the fourth quarter. Regimen Wealth LLC now owns 17,619 shares of the company’s stock worth $3,499,000 after acquiring an additional 102 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 58.0% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 5,056 shares of the company’s stock worth $1,004,000 after acquiring an additional 1,856 shares in the last quarter. Cary Street Partners Financial LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 28.9% in the fourth quarter. Cary Street Partners Financial LLC now owns 3,077 shares of the company’s stock worth $611,000 after acquiring an additional 689 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC boosted its holdings in iShares MSCI USA Quality Factor ETF by 69.4% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 2,902 shares of the company’s stock worth $576,000 after acquiring an additional 1,189 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of BATS QUAL opened at $215.24 on Thursday. The company has a market cap of $62.41 billion, a PE ratio of 25.59 and a beta of 1.05. The business has a 50-day simple moving average of $203.11 and a two-hundred day simple moving average of $201.17. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $175.20 and a fifty-two week high of $216.22.

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.