Millington Financial Advisors LLC Purchases 296 Shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Millington Financial Advisors LLC grew its position in shares of iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 1.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,461 shares of the company’s stock after buying an additional 296 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for approximately 2.3% of Millington Financial Advisors LLC’s investment portfolio, making the stock its 12th biggest holding. Millington Financial Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $2,863,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. bought a new stake in shares of iShares MSCI USA Quality Factor ETF in the 3rd quarter worth approximately $337,131,000. FMR LLC grew its stake in iShares MSCI USA Quality Factor ETF by 6.7% in the 3rd quarter. FMR LLC now owns 14,616,008 shares of the company’s stock valued at $1,926,244,000 after buying an additional 923,875 shares in the last quarter. Bank of New York Mellon Corp grew its stake in iShares MSCI USA Quality Factor ETF by 75.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,047,250 shares of the company’s stock valued at $269,807,000 after buying an additional 882,291 shares in the last quarter. TIAA Trust National Association purchased a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $83,377,000. Finally, The Manufacturers Life Insurance Company purchased a new position in iShares MSCI USA Quality Factor ETF in the 3rd quarter valued at approximately $66,650,000.

iShares MSCI USA Quality Factor ETF Stock Performance

iShares MSCI USA Quality Factor ETF stock traded up $1.82 during mid-day trading on Tuesday, reaching $157.70. The company’s stock had a trading volume of 1,015,118 shares. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The company has a market capitalization of $41.26 billion, a P/E ratio of 23.32 and a beta of 1.04. The firm’s fifty day moving average price is $160.88 and its two-hundred day moving average price is $149.24.

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.