iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Bellwether Advisors LLC

Bellwether Advisors LLC reduced its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,516 shares of the company’s stock after selling 216 shares during the period. iShares MSCI USA Momentum Factor ETF accounts for about 0.7% of Bellwether Advisors LLC’s investment portfolio, making the stock its 29th biggest holding. Bellwether Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,831,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in MTUM. Duncker Streett & Co. Inc. acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at $25,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $30,000. Mainstream Capital Management LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at $31,000. Operose Advisors LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 48.0% during the fourth quarter. Operose Advisors LLC now owns 188 shares of the company’s stock valued at $39,000 after purchasing an additional 61 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in 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 valued at $41,000 after buying an additional 188 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

iShares MSCI USA Momentum Factor ETF stock opened at $206.95 on Monday. iShares MSCI USA Momentum Factor ETF has a 12-month low of $168.49 and a 12-month high of $229.77. The stock has a market capitalization of $14.29 billion, a PE ratio of 26.98 and a beta of 1.00. The firm has a 50 day simple moving average of $203.06 and a 200-day simple moving average of $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.