RHS Financial LLC Sells 505 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

RHS Financial LLC lowered its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 18,742 shares of the company’s stock after selling 505 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for about 2.0% of RHS Financial LLC’s holdings, making the stock its 14th biggest holding. RHS Financial LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,878,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Bank of Montreal Can lifted its stake in iShares MSCI USA Momentum Factor ETF by 91.7% in the second quarter. Bank of Montreal Can now owns 2,573 shares of the company’s stock worth $502,000 after acquiring an additional 1,231 shares during the period. AQR Capital Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth $253,000. EP Wealth Advisors LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 7.5% in the 2nd quarter. EP Wealth Advisors LLC now owns 2,081 shares of the company’s stock worth $405,000 after purchasing an additional 146 shares during the period. Truist Financial Corp boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.7% during the 2nd quarter. Truist Financial Corp now owns 33,174 shares of the company’s stock valued at $6,465,000 after purchasing an additional 882 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF during the second quarter valued at about $5,114,000.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM stock opened at $219.20 on Friday. The firm has a 50-day moving average of $213.31 and a 200 day moving average of $203.79. The company has a market cap of $11.87 billion, a P/E ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60.

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.