Beaumont Financial Advisors LLC Sells 638 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Beaumont Financial Advisors LLC lowered its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 30.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,449 shares of the company’s stock after selling 638 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $227,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. Envestnet Asset Management Inc. boosted its holdings in iShares MSCI USA Momentum Factor ETF by 4.2% in the third quarter. Envestnet Asset Management Inc. now owns 6,913,845 shares of the company’s stock valued at $965,864,000 after acquiring an additional 277,017 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 5.1% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 6,545,629 shares of the company’s stock valued at $914,424,000 after buying an additional 317,802 shares in the last quarter. Captrust Financial Advisors boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 9.5% during the 2nd quarter. Captrust Financial Advisors now owns 2,095,316 shares of the company’s stock valued at $302,249,000 after buying an additional 181,540 shares in the last quarter. Assetmark Inc. boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 9.5% during the 3rd quarter. Assetmark Inc. now owns 1,584,283 shares of the company’s stock valued at $221,324,000 after buying an additional 137,311 shares in the last quarter. Finally, BlackRock Inc. boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 17.7% during the 2nd quarter. BlackRock Inc. now owns 1,256,689 shares of the company’s stock valued at $181,277,000 after buying an additional 188,883 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Down 2.5 %

Shares of MTUM stock opened at $173.58 on Friday. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The stock has a market cap of $9.53 billion, a PE ratio of 19.19 and a beta of 1.10. The company’s fifty day moving average price is $183.38 and its 200-day moving average price is $163.37.

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.