Millington Financial Advisors LLC Sells 7,100 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Millington Financial Advisors LLC decreased its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 47.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor 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 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. WealthBridge Capital Management LLC grew its position in shares of iShares MSCI USA Quality Factor ETF by 3.7% during the 4th quarter. WealthBridge Capital Management LLC now owns 1,395 shares of the company’s stock worth $277,000 after buying an additional 50 shares in the last quarter. Empire Life Investments Inc. grew its position in shares of iShares MSCI USA Quality Factor ETF by 0.8% during the 4th quarter. Empire Life Investments Inc. now owns 6,150 shares of the company’s stock worth $1,222,000 after buying an additional 50 shares in the last quarter. Tompkins Financial Corp grew its position in shares of iShares MSCI USA Quality Factor ETF by 17.8% during the 4th quarter. Tompkins Financial Corp now owns 344 shares of the company’s stock worth $68,000 after buying an additional 52 shares in the last quarter. Members Trust Co boosted its position in iShares MSCI USA Quality Factor ETF by 4.3% during the third quarter. Members Trust Co now owns 1,384 shares of the company’s stock valued at $269,000 after purchasing an additional 57 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in iShares MSCI USA Quality Factor ETF by 3.5% during the fourth quarter. GAMMA Investing LLC now owns 1,716 shares of the company’s stock valued at $341,000 after purchasing an additional 58 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

QUAL opened at $215.24 on Thursday. The business’s 50-day moving average is $203.11 and its two-hundred day moving average is $201.17. iShares MSCI USA Quality Factor ETF has a 1 year low of $175.20 and a 1 year high of $216.22. The firm has a market capitalization of $62.41 billion, a PE ratio of 25.59 and a beta of 1.05.

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