SageView Advisory Group LLC Has $2.68 Million Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

SageView Advisory Group LLC cut its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 11.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,226 shares of the company’s stock after selling 1,684 shares during the period. SageView Advisory Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,682,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Fortitude Family Office LLC grew its stake in shares of 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 valued at $25,000 after acquiring an additional 113 shares in the last quarter. Signaturefd LLC grew its stake 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 in the last quarter. Abich Financial Wealth Management LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF during the second quarter worth about $33,000. Capital Performance Advisors LLP acquired a new stake in iShares MSCI USA Momentum Factor ETF during the third quarter worth about $43,000. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF during the second quarter worth about $48,000.

iShares MSCI USA Momentum Factor ETF Stock Up 0.6 %

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $216.66 on Thursday. The company has a market capitalization of $11.73 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60. The firm’s 50-day moving average price is $208.47 and its two-hundred day moving average price is $198.33.

About iShares MSCI USA Momentum Factor ETF

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.