Wealthcare Advisory Partners LLC decreased its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 23.1% during the 4th quarter, Holdings Channel reports. The fund owned 1,538 shares of the company’s stock after selling 461 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $318,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently added to or reduced their stakes in the company. Fortitude Family Office LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 1,255.6% during the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after purchasing an additional 113 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the second quarter valued at approximately $33,000. Signaturefd LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after purchasing an additional 155 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after buying an additional 188 shares during the last quarter. Finally, Capital Performance Advisors LLP purchased a new position in iShares MSCI USA Momentum Factor ETF during the third quarter worth $43,000.
iShares MSCI USA Momentum Factor ETF Trading Up 5.6 %
iShares MSCI USA Momentum Factor ETF stock opened at $220.73 on Wednesday. The stock has a market cap of $11.95 billion, a PE ratio of 18.53 and a beta of 1.10. The stock has a 50-day moving average price of $211.92 and a 200 day moving average price of $202.73. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60.
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.
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Want to see what other hedge funds are holding MTUM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report).
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