Stokes Family Office LLC cut its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 5.8% during the 2nd quarter, HoldingsChannel reports. The firm owned 34,702 shares of the company’s stock after selling 2,131 shares during the quarter. Stokes Family Office LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $8,339,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of MTUM. Mullooly Asset Management Inc. acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the first quarter valued at approximately $2,162,511,000. Envestnet Asset Management Inc. grew its holdings in iShares MSCI USA Momentum Factor ETF by 9.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,639,702 shares of the company’s stock worth $3,037,545,000 after buying an additional 1,094,104 shares in the last quarter. CHURCHILL MANAGEMENT Corp bought a new position in iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth approximately $220,286,000. Orgel Wealth Management LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at approximately $158,559,000. Finally, Park Avenue Securities LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at approximately $109,923,000.
iShares MSCI USA Momentum Factor ETF Price Performance
Shares of iShares MSCI USA Momentum Factor ETF stock opened at $248.19 on Friday. iShares MSCI USA Momentum Factor ETF has a 1-year low of $168.49 and a 1-year high of $240.99. The business’s fifty day moving average price is $252.81 and its two-hundred day moving average price is $239.75. The company has a market capitalization of $18.12 billion, a P/E 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.
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Want to see what other hedge funds are holding MTUM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report).
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