Capital Planning LLC Lowers Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Capital Planning LLC trimmed its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 0.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,473 shares of the company’s stock after selling 175 shares during the period. iShares MSCI USA Momentum Factor ETF comprises about 1.9% of Capital Planning LLC’s investment portfolio, making the stock its 16th biggest position. Capital Planning LLC owned about 0.07% of iShares MSCI USA Momentum Factor ETF worth $7,340,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in MTUM. Blair William & Co. IL increased its stake in iShares MSCI USA Momentum Factor ETF by 1.9% during the second quarter. Blair William & Co. IL now owns 8,068 shares of the company’s stock worth $1,572,000 after acquiring an additional 149 shares during the last quarter. Bright Financial Advisors Inc. purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the second quarter valued at approximately $2,759,000. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 407.5% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,060 shares of the company’s stock valued at $791,000 after purchasing an additional 3,260 shares during the period. DRW Securities LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the second quarter valued at approximately $604,000. Finally, Bank of Montreal Can boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 91.7% in the second quarter. Bank of Montreal Can now owns 2,573 shares of the company’s stock valued at $502,000 after purchasing an additional 1,231 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 2.6 %

Shares of MTUM opened at $214.48 on Friday. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The stock has a fifty day moving average price of $211.78 and a 200-day moving average price of $202.37. The firm has a market cap of $11.61 billion, a PE ratio of 18.53 and a beta of 1.10.

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.