NorthRock Partners LLC Has $19.45 Million Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

NorthRock Partners LLC lessened its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 9.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,748 shares of the company’s stock after selling 5,681 shares during the quarter. NorthRock Partners LLC owned approximately 0.08% of iShares MSCI USA Momentum Factor ETF worth $19,455,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Cary Street Partners Financial LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter worth approximately $25,000. Triumph Capital Management purchased a new position in iShares MSCI USA Momentum Factor ETF during the third quarter valued at approximately $25,000. Financial Network Wealth Advisors LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 176.3% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 105 shares of the company’s stock valued at $26,000 after buying an additional 67 shares during the period. Turtle Creek Wealth Advisors LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF in the 1st quarter worth approximately $26,000. Finally, Indiana Trust & Investment Management Co purchased a new stake in iShares MSCI USA Momentum Factor ETF in the 1st quarter worth approximately $26,000.

iShares MSCI USA Momentum Factor ETF Stock Up 1.3%

iShares MSCI USA Momentum Factor ETF stock opened at $308.69 on Wednesday. iShares MSCI USA Momentum Factor ETF has a 12 month low of $229.42 and a 12 month high of $345.59. The stock has a market cap of $22.53 billion, a P/E ratio of 28.67 and a beta of 1.02. The company’s fifty day simple moving average is $308.25 and its 200-day simple moving average is $291.48.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.