iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Investment Advisory Group LLC

Investment Advisory Group LLC cut its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,786 shares of the company’s stock after selling 75 shares during the quarter. Investment Advisory Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $565,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Zhang Financial LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth $203,000. ORG Wealth Partners LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth $278,000. VitalStone Financial LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 57.1% during the 3rd quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock worth $165,000 after purchasing an additional 296 shares in the last quarter. Armstrong Advisory Group Inc. grew its stake in iShares MSCI USA Momentum Factor ETF by 7.8% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 3,057 shares of the company’s stock worth $620,000 after purchasing an additional 221 shares in the last quarter. Finally, Professional Financial Advisors LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 2.6% during the 3rd quarter. Professional Financial Advisors LLC now owns 21,409 shares of the company’s stock worth $4,341,000 after purchasing an additional 541 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Down 1.0 %

MTUM traded down $2.10 on Tuesday, hitting $206.86. 581,602 shares of the company were exchanged. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The company has a market cap of $11.20 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The firm has a 50-day moving average price of $196.29 and a two-hundred day moving average price of $191.30.

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.