Level Four Advisory Services LLC Sells 132 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Level Four Advisory Services LLC lessened its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 4.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,628 shares of the company’s stock after selling 132 shares during the quarter. Level Four Advisory Services LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $544,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Duncker Streett & Co. Inc. acquired a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter worth about $25,000. Murphy & Mullick Capital Management Corp bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at approximately $30,000. Mainstream Capital Management LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after buying an additional 188 shares during the period. Finally, AdvisorNet Financial Inc boosted its stake in iShares MSCI USA Momentum Factor ETF by 51.4% in the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after buying an additional 74 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

iShares MSCI USA Momentum Factor ETF stock opened at $202.14 on Tuesday. The firm has a market capitalization of $13.92 billion, a P/E ratio of 27.38 and a beta of 1.00. The stock has a fifty day moving average price of $214.63 and a two-hundred day moving average price of $210.73. iShares MSCI USA Momentum Factor ETF has a 52-week low of $168.49 and a 52-week high of $229.77.

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.