Exencial Wealth Advisors LLC Lowers Stock Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

Exencial Wealth Advisors LLC lessened its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,483 shares of the company’s stock after selling 536 shares during the period. Exencial Wealth Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $6,605,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Teamwork Financial Advisors LLC grew its position in iShares MSCI USA Momentum Factor ETF by 2.6% during the second quarter. Teamwork Financial Advisors LLC now owns 1,709 shares of the company’s stock valued at $411,000 after acquiring an additional 44 shares during the period. Trust Co. of Vermont grew its position in iShares MSCI USA Momentum Factor ETF by 13.9% during the first quarter. Trust Co. of Vermont now owns 411 shares of the company’s stock valued at $83,000 after acquiring an additional 50 shares during the period. Vantage Point Financial LLC grew its position in iShares MSCI USA Momentum Factor ETF by 2.2% during the second quarter. Vantage Point Financial LLC now owns 2,368 shares of the company’s stock valued at $569,000 after acquiring an additional 51 shares during the period. Private Advisory Group LLC grew its position in iShares MSCI USA Momentum Factor ETF by 1.3% during the first quarter. Private Advisory Group LLC now owns 4,530 shares of the company’s stock valued at $916,000 after acquiring an additional 57 shares during the period. Finally, Larson Financial Group LLC grew its position in iShares MSCI USA Momentum Factor ETF by 4.2% during the first quarter. Larson Financial Group LLC now owns 1,503 shares of the company’s stock valued at $304,000 after acquiring an additional 61 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 21.4%

MTUM stock opened at $253.61 on Wednesday. The stock has a 50-day moving average price of $250.53 and a two-hundred day moving average price of $233.97. iShares MSCI USA Momentum Factor ETF has a 12-month low of $168.49 and a 12-month high of $240.99. The company has a market cap of $18.51 billion, a PE ratio of 28.67 and a beta of 1.02.

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.