Sensible Financial Planning & Management LLC. Has $20.54 Million Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Sensible Financial Planning & Management LLC. reduced its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 101,296 shares of the company’s stock after selling 1,854 shares during the quarter. iShares MSCI USA Momentum Factor ETF comprises 4.1% of Sensible Financial Planning & Management LLC.’s portfolio, making the stock its 6th largest holding. Sensible Financial Planning & Management LLC. owned about 0.19% of iShares MSCI USA Momentum Factor ETF worth $20,539,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of MTUM. Fortitude Family Office LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 1,255.6% in 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 during the period. Signaturefd LLC boosted its holdings in 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 worth $33,000 after buying an additional 155 shares during the last quarter. Abich Financial Wealth Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the second quarter worth about $33,000. Wellington Shields & Co. LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the first quarter worth about $42,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at about $48,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS:MTUM traded down $2.69 during mid-day trading on Friday, hitting $202.41. The stock had a trading volume of 601,659 shares. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The stock has a market cap of $10.96 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The company’s 50 day simple moving average is $200.82 and its 200 day simple moving average is $193.09.

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.