Millington Financial Advisors LLC Sells 1,149 Shares of iShares MSCI USA Quality Factor ETF $QUAL

Millington Financial Advisors LLC lowered its stake in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 5.0% during the second quarter, HoldingsChannel reports. The institutional investor owned 21,940 shares of the company’s stock after selling 1,149 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 2.1% of Millington Financial Advisors LLC’s investment portfolio, making the stock its 12th largest holding. Millington Financial Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $4,086,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently modified their holdings of the company. Leuthold Group LLC acquired a new position in iShares MSCI USA Quality Factor ETF in the second quarter valued at about $221,000. Schroder Investment Management Group bought a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at about $252,000. Level Four Advisory Services LLC lifted its holdings in shares of iShares MSCI USA Quality Factor ETF by 105.0% during the 2nd quarter. Level Four Advisory Services LLC now owns 7,607 shares of the company’s stock worth $1,391,000 after acquiring an additional 3,896 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares MSCI USA Quality Factor ETF by 2.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,418,092 shares of the company’s stock worth $442,076,000 after acquiring an additional 47,699 shares in the last quarter. Finally, Hobbs Wealth Management LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 19.3% during the 2nd quarter. Hobbs Wealth Management LLC now owns 59,811 shares of the company’s stock worth $10,935,000 after acquiring an additional 9,674 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Price Performance

Shares of QUAL opened at $198.23 on Friday. The firm has a 50 day simple moving average of $194.79 and a two-hundred day simple moving average of $187.65. iShares MSCI USA Quality Factor ETF has a one year low of $148.34 and a one year high of $187.26. The company has a market cap of $57.48 billion, a P/E ratio of 25.59 and a beta of 1.05.

iShares MSCI USA Quality Factor ETF Company 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.