Tanglewood Legacy Advisors LLC Sells 50 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Tanglewood Legacy Advisors LLC lowered its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 14.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 307 shares of the company’s stock after selling 50 shares during the quarter. Tanglewood Legacy Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $64,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Fortitude Family Office LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% during the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after buying 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 valued at $33,000 after acquiring an additional 155 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after purchasing an additional 188 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth approximately $43,000. Finally, AdvisorNet Financial Inc raised its stake in iShares MSCI USA Momentum Factor ETF by 51.4% during the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after purchasing an additional 74 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 9.3 %

Shares of BATS:MTUM opened at $228.40 on Friday. The company has a market cap of $12.37 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 company has a 50-day moving average price of $215.19 and a 200 day moving average price of $206.38.

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.