Millington Financial Advisors LLC Has $3.77 Million Position in iShares MSCI USA Quality Factor ETF (BATS:QUAL)

Millington Financial Advisors LLC grew its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 6.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,089 shares of the company’s stock after buying an additional 1,370 shares during the quarter. iShares MSCI USA Quality Factor ETF accounts for about 2.3% of Millington Financial Advisors LLC’s portfolio, making the stock its 11th largest holding. Millington Financial Advisors LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $3,774,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in QUAL. Tallon Kerry Patrick bought a new stake in iShares MSCI USA Quality Factor ETF in the fourth quarter worth approximately $334,000. Brighton Jones LLC grew its holdings in shares of iShares MSCI USA Quality Factor ETF by 25.3% during the fourth quarter. Brighton Jones LLC now owns 10,028 shares of the company’s stock valued at $1,786,000 after buying an additional 2,023 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in iShares MSCI USA Quality Factor ETF during the 4th quarter valued at about $81,990,000. Bleakley Financial Group LLC grew its holdings in iShares MSCI USA Quality Factor ETF by 10.6% during the fourth quarter. Bleakley Financial Group LLC now owns 3,803 shares of the company’s stock worth $677,000 after buying an additional 363 shares in the last quarter. Finally, Consolidated Portfolio Review Corp purchased a new stake in shares of iShares MSCI USA Quality Factor ETF in the fourth quarter valued at about $296,000.

iShares MSCI USA Quality Factor ETF Trading Up 2.2%

QUAL stock opened at $180.45 on Monday. The stock has a market cap of $52.09 billion, a P/E ratio of 25.81 and a beta of 1.05. The stock’s fifty day simple moving average is $169.87 and its two-hundred day simple moving average is $176.72. iShares MSCI USA Quality Factor ETF has a 1-year low of $148.34 and a 1-year high of $187.26.

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.