iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Bowman & Co S.C.

Bowman & Co S.C. lowered its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 5.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,934 shares of the company’s stock after selling 117 shares during the period. Bowman & Co S.C.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $400,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in MTUM. Signaturefd LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after buying an additional 155 shares during the period. Arizona PSPRS Trust raised its position in shares of iShares MSCI USA Momentum Factor ETF by 2.0% during the 3rd quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock valued at $73,523,000 after acquiring an additional 7,115 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% in 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 last quarter. Benjamin F. Edwards & Company Inc. boosted its stake in 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 acquiring an additional 3,260 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in iShares MSCI USA Momentum Factor ETF by 2.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 203,140 shares of the company’s stock valued at $39,586,000 after purchasing an additional 4,802 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 4.0 %

Shares of BATS MTUM opened at $217.36 on Friday. The stock has a 50 day simple moving average of $211.85 and a 200-day simple moving average of $202.56. The company has a market cap of $11.77 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60.

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.