IAG Wealth Partners LLC Sells 1,454 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

IAG Wealth Partners LLC reduced its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 20.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,805 shares of the company’s stock after selling 1,454 shares during the quarter. IAG Wealth Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $911,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Baker Avenue Asset Management LP increased its stake in iShares MSCI USA Momentum Factor ETF by 46.8% during the third quarter. Baker Avenue Asset Management LP now owns 279 shares of the company’s stock worth $39,000 after acquiring an additional 89 shares during the last quarter. Sound Income Strategies LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 281.5% during the fourth quarter. Sound Income Strategies LLC now owns 248 shares of the company’s stock worth $39,000 after acquiring an additional 183 shares during the last quarter. BluePath Capital Management LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the third quarter worth approximately $41,000. Provence Wealth Management Group bought a new stake in iShares MSCI USA Momentum Factor ETF during the third quarter worth approximately $54,000. Finally, O Shaughnessy Asset Management LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 83.4% during the third quarter. O Shaughnessy Asset Management LLC now owns 576 shares of the company’s stock worth $80,000 after acquiring an additional 262 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS MTUM opened at $179.68 on Friday. The business’s 50 day moving average is $183.42 and its two-hundred day moving average is $164.69. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60. The stock has a market capitalization of $9.86 billion, a P/E ratio of 19.19 and a beta of 1.10.

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.