Marshall Financial Group Inc. ADV Sells 795 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Marshall Financial Group Inc. ADV lessened its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 6.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,816 shares of the company’s stock after selling 795 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for 0.6% of Marshall Financial Group Inc. ADV’s portfolio, making the stock its 25th largest position. Marshall Financial Group Inc. ADV’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,560,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Edgestream Partners L.P. bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth about $219,000. Cary Street Partners Investment Advisory LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,428.6% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 214 shares of the company’s stock worth $31,000 after acquiring an additional 200 shares during the last quarter. Blume Capital Management Inc. bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth about $220,000. Strategic Financial Services Inc lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4.9% in the 2nd quarter. Strategic Financial Services Inc now owns 100,547 shares of the company’s stock worth $14,532,000 after acquiring an additional 4,664 shares during the last quarter. Finally, MA Private Wealth lifted its holdings in iShares MSCI USA Momentum Factor ETF by 1.1% during the 2nd quarter. MA Private Wealth now owns 51,652 shares of the company’s stock valued at $7,451,000 after buying an additional 578 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 0.2 %

MTUM traded up $0.34 on Friday, reaching $149.98. 283,789 shares of the company traded hands. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The firm has a fifty day simple moving average of $142.09 and a two-hundred day simple moving average of $142.35. The company has a market cap of $9.33 billion, a P/E ratio of 19.35 and a beta of 0.91.

iShares MSCI USA Momentum Factor ETF 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.