Bell Investment Advisors Inc Trims Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Bell Investment Advisors Inc cut its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 96,846 shares of the company’s stock after selling 3,090 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for about 3.7% of Bell Investment Advisors Inc’s investment portfolio, making the stock its 9th largest holding. Bell Investment Advisors Inc’s holdings in iShares MSCI USA Momentum Factor ETF were worth $20,039,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Gries Financial LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 1.6% in the fourth quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock valued at $634,000 after buying an additional 48 shares during the last quarter. LongView Wealth Management lifted its stake in iShares MSCI USA Momentum Factor ETF by 2.0% in the fourth quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock valued at $565,000 after buying an additional 54 shares during the last quarter. MGB Wealth Management LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 7.7% in the fourth quarter. MGB Wealth Management LLC now owns 788 shares of the company’s stock valued at $163,000 after buying an additional 56 shares during the last quarter. D.A. Davidson & CO. lifted its stake in iShares MSCI USA Momentum Factor ETF by 0.8% in the fourth quarter. D.A. Davidson & CO. now owns 7,498 shares of the company’s stock valued at $1,551,000 after buying an additional 57 shares during the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 5.8% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock valued at $224,000 after buying an additional 59 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM stock opened at $204.42 on Monday. The stock has a market capitalization of $14.67 billion, a price-to-earnings ratio of 28.87 and a beta of 0.98. iShares MSCI USA Momentum Factor ETF has a 1 year low of $168.49 and a 1 year high of $229.77. The stock’s fifty day moving average is $217.00 and its two-hundred day moving average is $209.68.

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.