iShares MSCI USA Momentum Factor ETF $MTUM Shares Sold by Stonehearth Capital Management LLC

Stonehearth Capital Management LLC decreased its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 124,002 shares of the company’s stock after selling 2,672 shares during the period. iShares MSCI USA Momentum Factor ETF makes up approximately 11.8% of Stonehearth Capital Management LLC’s holdings, making the stock its 2nd biggest position. Stonehearth Capital Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $29,759,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Signal Advisors Wealth LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.6% during the first quarter. Signal Advisors Wealth LLC now owns 2,822 shares of the company’s stock valued at $677,000 after buying an additional 99 shares during the last quarter. SWP Financial LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 0.9% in the 1st quarter. SWP Financial LLC now owns 15,283 shares of the company’s stock worth $3,668,000 after buying an additional 132 shares in the last quarter. Atlas Brown Inc. grew its holdings in iShares MSCI USA Momentum Factor ETF by 6.2% in the 1st quarter. Atlas Brown Inc. now owns 2,549 shares of the company’s stock worth $612,000 after buying an additional 148 shares in the last quarter. Clark Asset Management LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at approximately $361,000. Finally, Sweeney & Michel LLC increased its position in iShares MSCI USA Momentum Factor ETF by 1.4% in the 1st quarter. Sweeney & Michel LLC now owns 10,588 shares of the company’s stock valued at $2,817,000 after acquiring an additional 151 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $329.76 on Wednesday. iShares MSCI USA Momentum Factor ETF has a 1-year low of $229.42 and a 1-year high of $345.59. The business’s fifty day moving average price is $302.57 and its two-hundred day moving average price is $269.53. The company has a market capitalization of $24.07 billion, a P/E 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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.