I get around 2.5-3MOA from Wolf 122 grain HP using the flip up peep. If I scope it the groups shrink to about 2 MOA. This is over a rest at 100 yards. I do most of my shooting offhand at 200 yards with the peep, and the rifle is capable of keeping them in the 200 yards NRA High Power target as well as any standard issue US military rifle I've shot, anything out of the black being me. Odd, Wolf does not give me fliers in this caliber like I get with their 5.56 55 grain load.
I did try some commercial hunting ammo several years ago, and it shot about the same as the Wolf.
Speaking of the Wolf "Black Box" ammo, I have found in the last batch, purchased 3-4 years ago, that I get far less duds than I got with the ammo purchased at the time of the rifle, almost 7 years ago.