Apeiron RIA LLC Reduces Stock Position in iShares MSCI USA Momentum Factor ETF $MTUM

Apeiron RIA LLC reduced its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 51.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,073 shares of the company’s stock after selling 4,270 shares during the quarter. Apeiron RIA LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,307,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Corient Private Wealth LLC increased its position in iShares MSCI USA Momentum Factor ETF by 185.9% during the 4th quarter. Corient Private Wealth LLC now owns 2,048,917 shares of the company’s stock valued at $512,864,000 after purchasing an additional 1,332,181 shares during the period. Janney Montgomery Scott LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 37.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 572,521 shares of the company’s stock worth $143,308,000 after purchasing an additional 154,687 shares during the period. Rockefeller Capital Management L.P. boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 177.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 155,060 shares of the company’s stock valued at $38,813,000 after purchasing an additional 99,148 shares in the last quarter. Ameritas Advisory Services LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 51.2% during the second quarter. Ameritas Advisory Services LLC now owns 192,185 shares of the company’s stock valued at $65,887,000 after purchasing an additional 65,103 shares in the last quarter. Finally, MML Investors Services LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 10.1% during the fourth quarter. MML Investors Services LLC now owns 694,449 shares of the company’s stock valued at $173,828,000 after buying an additional 63,584 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS:MTUM traded down $5.30 during trading hours on Thursday, reaching $317.12. The company’s stock had a trading volume of 219,888 shares, compared to its average volume of 1,236,215. The company has a market capitalization of $23.15 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 12 month low of $229.42 and a 12 month high of $345.59. The stock has a 50 day moving average price of $309.24 and a two-hundred day moving average price of $300.99.

Shares of iShares MSCI USA Momentum Factor ETF are set to split on Thursday, November 5th. The 4-1 split was recently announced. The newly minted shares will be payable to shareholders after the market closes on Wednesday, November 4th.

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.