WR Wealth Planners LLC Lowers Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

WR Wealth Planners LLC lessened its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 27.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 623 shares of the company’s stock after selling 234 shares during the period. WR Wealth Planners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $129,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of MTUM. Park Avenue Securities LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,055.4% during the 4th quarter. Park Avenue Securities LLC now owns 507,294 shares of the company’s stock worth $104,969,000 after acquiring an additional 463,387 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 140.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 425,097 shares of the company’s stock worth $87,961,000 after acquiring an additional 248,600 shares in the last quarter. Citigroup Inc. raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,266.9% during the 3rd quarter. Citigroup Inc. now owns 253,036 shares of the company’s stock worth $51,305,000 after acquiring an additional 234,524 shares in the last quarter. Foundations Investment Advisors LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 245.6% during the 4th quarter. Foundations Investment Advisors LLC now owns 225,033 shares of the company’s stock worth $46,564,000 after acquiring an additional 159,916 shares in the last quarter. Finally, JB Capital LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth approximately $32,997,000.

iShares MSCI USA Momentum Factor ETF Stock Up 4.6 %

BATS MTUM opened at $218.62 on Friday. The firm has a market cap of $15.69 billion, a PE ratio of 28.87 and a beta of 0.98. The company has a 50 day moving average price of $217.23 and a 200 day moving average price of $209.10. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week 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.