iShares MSCI USA Quality Factor ETF $QUAL Shares Sold by Millington Financial Advisors LLC

Millington Financial Advisors LLC reduced its stake in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 32.4% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 14,827 shares of the company’s stock after selling 7,113 shares during the period. iShares MSCI USA Quality Factor ETF comprises approximately 1.4% of Millington Financial Advisors LLC’s investment portfolio, making the stock its 21st largest position. Millington Financial Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,860,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QUAL. Keener Financial Planning LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF in the second quarter valued at $29,000. CoreFirst Bank & Trust acquired a new position in iShares MSCI USA Quality Factor ETF in the 2nd quarter valued at about $33,000. First Horizon Corp purchased a new stake in iShares MSCI USA Quality Factor ETF during the third quarter worth about $36,000. CX Institutional lifted its position in shares of iShares MSCI USA Quality Factor ETF by 151.9% during the second quarter. CX Institutional now owns 204 shares of the company’s stock worth $37,000 after purchasing an additional 123 shares in the last quarter. Finally, Phillips Financial Management LLC acquired a new stake in shares of iShares MSCI USA Quality Factor ETF during the third quarter worth about $39,000.

iShares MSCI USA Quality Factor ETF Stock Performance

Shares of QUAL stock opened at $201.94 on Thursday. iShares MSCI USA Quality Factor ETF has a fifty-two week low of $148.34 and a fifty-two week high of $187.26. The company has a 50 day moving average price of $198.89 and a 200 day moving average price of $193.35. The stock has a market capitalization of $58.55 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. QUAL was launched on Jul 18, 2013 and is managed by BlackRock.