iShares MSCI USA Momentum Factor ETF $MTUM Stock Sold by Apeiron RIA LLC

Apeiron RIA LLC reduced its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 51.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,073 shares of the company’s stock after selling 4,270 shares during the period. Apeiron RIA LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,307,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of MTUM. Corient Private Wealth LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 185.9% during the fourth quarter. Corient Private Wealth LLC now owns 2,048,917 shares of the company’s stock valued at $512,864,000 after acquiring an additional 1,332,181 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 37.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 572,521 shares of the company’s stock worth $143,308,000 after purchasing an additional 154,687 shares during the last quarter. Rockefeller Capital Management L.P. grew its holdings in iShares MSCI USA Momentum Factor ETF by 177.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 155,060 shares of the company’s stock worth $38,813,000 after purchasing an additional 99,148 shares during the last quarter. Ameritas Advisory Services LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 51.2% during the second quarter. Ameritas Advisory Services LLC now owns 192,185 shares of the company’s stock worth $65,887,000 after purchasing an additional 65,103 shares in the last quarter. Finally, MML Investors Services LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 10.1% during the fourth quarter. MML Investors Services LLC now owns 694,449 shares of the company’s stock worth $173,828,000 after purchasing an additional 63,584 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Down 1.6%

Shares of MTUM traded down $5.30 during midday trading on Thursday, hitting $317.12. 219,888 shares of the company’s stock traded hands, compared to its average volume of 1,236,215. The stock has a market capitalization of $23.15 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 1 year low of $229.42 and a 1 year high of $345.59. The firm’s fifty day moving average is $309.24 and its 200-day moving average is $300.99.

Shares of iShares MSCI USA Momentum Factor ETF are scheduled to split on Thursday, November 5th. The 4-1 split was recently announced. The newly created shares will be distributed to shareholders after the closing bell on Wednesday, November 4th.

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