Sound Financial Strategies Group LLC decreased its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 94.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 998 shares of the company’s stock after selling 15,772 shares during the quarter. Sound Financial Strategies Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $317,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Team Financial Group LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the third quarter valued at $147,000. Provenance Wealth Advisors LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 15,473.8% during the third quarter. Provenance Wealth Advisors LLC now owns 6,541 shares of the company’s stock worth $2,076,000 after buying an additional 6,499 shares during the period. Integrity Advisory Solutions LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 14.1% in the 3rd quarter. Integrity Advisory Solutions LLC now owns 2,902 shares of the company’s stock worth $921,000 after buying an additional 359 shares during the last quarter. IPG Investment Advisors LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 32.9% in the 3rd quarter. IPG Investment Advisors LLC now owns 808 shares of the company’s stock worth $256,000 after buying an additional 200 shares during the last quarter. Finally, Mullooly Asset Management Inc. boosted its stake in iShares MSCI USA Momentum Factor ETF by 0.8% in the 3rd quarter. Mullooly Asset Management Inc. now owns 135,217 shares of the company’s stock worth $42,912,000 after buying an additional 1,130 shares during the last quarter.
iShares MSCI USA Momentum Factor ETF Price Performance
MTUM opened at $272.86 on Thursday. The stock has a market capitalization of $19.92 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. The business has a 50-day moving average of $304.81 and a two-hundred day moving average of $290.06. iShares MSCI USA Momentum Factor ETF has a 12 month low of $229.42 and a 12 month high of $345.59.
iShares MSCI USA Momentum Factor ETF Company Profile
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.
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