Janney Montgomery Scott LLC Sells 501 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Janney Montgomery Scott LLC cut its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 0.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 176,497 shares of the company’s stock after selling 501 shares during the quarter. Janney Montgomery Scott LLC owned about 0.33% of iShares MSCI USA Momentum Factor ETF worth $35,787,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Signaturefd LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after purchasing an additional 155 shares during the last quarter. QRG Capital Management Inc. bought a new stake in iShares MSCI USA Momentum Factor ETF in the first quarter worth $329,000. Blair William & Co. IL grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 7.8% in the first quarter. Blair William & Co. IL now owns 7,919 shares of the company’s stock worth $1,484,000 after acquiring an additional 571 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 642.4% during the first quarter. BNP Paribas Financial Markets now owns 7,164 shares of the company’s stock valued at $1,342,000 after acquiring an additional 6,199 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its position in shares of iShares MSCI USA Momentum Factor ETF by 407.5% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,060 shares of the company’s stock worth $791,000 after purchasing an additional 3,260 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Down 0.4 %

Shares of BATS MTUM opened at $201.70 on Monday. The company has a 50 day moving average of $200.89 and a 200 day moving average of $193.41. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The firm has a market cap of $10.92 billion, a P/E ratio of 18.53 and a beta of 1.10.

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.