CFS Investment Advisory Services LLC Has $1.91 Million Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

CFS Investment Advisory Services LLC lessened its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,434 shares of the company’s stock after selling 271 shares during the quarter. CFS Investment Advisory Services LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,913,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Arizona PSPRS Trust bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the second quarter worth about $69,276,000. Citigroup Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,266.9% in the third quarter. Citigroup Inc. now owns 253,036 shares of the company’s stock worth $51,305,000 after acquiring an additional 234,524 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.9% in the second quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock worth $1,463,815,000 after acquiring an additional 213,637 shares in the last quarter. Symmetry Partners LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 62.7% during the second quarter. Symmetry Partners LLC now owns 541,276 shares of the company’s stock worth $105,479,000 after buying an additional 208,691 shares in the last quarter. Finally, Foster Group Inc. grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 281.1% during the second quarter. Foster Group Inc. now owns 277,940 shares of the company’s stock worth $54,162,000 after buying an additional 205,017 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS:MTUM opened at $213.81 on Friday. The company has a market cap of $11.58 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The stock has a 50-day simple moving average of $205.64 and a 200 day simple moving average of $196.35.

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.