American Capital Advisory LLC Lowers Stock Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

American Capital Advisory LLC decreased its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 35.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 492 shares of the company’s stock after selling 266 shares during the period. American Capital Advisory LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $118,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Fullcircle Wealth LLC raised its position in iShares MSCI USA Momentum Factor ETF by 20.7% during the second quarter. Fullcircle Wealth LLC now owns 1,968 shares of the company’s stock valued at $477,000 after purchasing an additional 337 shares in the last quarter. Bank of New York Mellon Corp raised its position in iShares MSCI USA Momentum Factor ETF by 1.9% during the second quarter. Bank of New York Mellon Corp now owns 219,172 shares of the company’s stock valued at $52,671,000 after purchasing an additional 4,086 shares in the last quarter. Wellington Shields Capital Management LLC raised its position in iShares MSCI USA Momentum Factor ETF by 476.2% during the second quarter. Wellington Shields Capital Management LLC now owns 3,630 shares of the company’s stock valued at $872,000 after purchasing an additional 3,000 shares in the last quarter. BCGM Wealth Management LLC raised its position in iShares MSCI USA Momentum Factor ETF by 1.6% during the second quarter. BCGM Wealth Management LLC now owns 17,259 shares of the company’s stock valued at $4,148,000 after purchasing an additional 265 shares in the last quarter. Finally, Tsfg LLC raised its position in iShares MSCI USA Momentum Factor ETF by 2.6% during the second quarter. Tsfg LLC now owns 17,619 shares of the company’s stock valued at $4,234,000 after purchasing an additional 449 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 21.3%

BATS MTUM opened at $253.46 on Tuesday. The stock’s 50-day simple moving average is $252.52 and its two-hundred day simple moving average is $238.84. iShares MSCI USA Momentum Factor ETF has a twelve month low of $168.49 and a twelve month high of $240.99. The company has a market capitalization of $18.50 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02.

About iShares MSCI USA Momentum Factor ETF

The iShares MSCI USA Momentum Factor ETF (MTUM) is an exchange-traded fund that is based on the MSCI USA Momentum SR Variant index. The fund tracks an index of large- and mid-cap US equities, selected and weighted based on price appreciation over 6- and 12-month periods and low volatility over the past 3 years.