Capital Planning LLC Has $7.33 Million Stock Position in iShares MSCI USA Momentum Factor ETF $MTUM

Capital Planning LLC reduced its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 7.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 30,536 shares of the company’s stock after selling 2,601 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for about 2.4% of Capital Planning LLC’s holdings, making the stock its 14th biggest holding. Capital Planning LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $7,328,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Mercer Global Advisors Inc. ADV lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.0% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,824,890 shares of the company’s stock worth $1,958,649,000 after acquiring an additional 229,850 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 24.7% during the 4th quarter. LPL Financial LLC now owns 3,291,857 shares of the company’s stock valued at $823,985,000 after purchasing an additional 652,414 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 5.0% during the 4th quarter. Raymond James Financial Inc. now owns 3,215,974 shares of the company’s stock valued at $804,990,000 after purchasing an additional 152,723 shares during the last quarter. 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 worth $512,864,000 after purchasing an additional 1,332,181 shares in the last quarter. Finally, Assetmark Inc. increased its position in iShares MSCI USA Momentum Factor ETF by 2.5% during the 4th quarter. Assetmark Inc. now owns 1,502,409 shares of the company’s stock worth $376,068,000 after purchasing an additional 37,278 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM opened at $314.85 on Thursday. iShares MSCI USA Momentum Factor ETF has a one year low of $229.42 and a one year high of $345.59. The company has a market cap of $22.98 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. The firm has a 50 day simple moving average of $314.01 and a 200 day simple moving average of $275.35.

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.