iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by LifeSteps Financial Inc.

LifeSteps Financial Inc. cut its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 5.5% in the 4th quarter, HoldingsChannel reports. The fund owned 2,042 shares of the company’s stock after selling 119 shares during the period. LifeSteps Financial Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $423,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in MTUM. Gries Financial LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 1.6% during the 4th quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock worth $634,000 after buying an additional 48 shares during the period. LongView Wealth Management lifted its holdings in iShares MSCI USA Momentum Factor ETF by 2.0% in the fourth quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock worth $565,000 after acquiring an additional 54 shares during the last quarter. MGB Wealth Management LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 7.7% during the 4th quarter. MGB Wealth Management LLC now owns 788 shares of the company’s stock valued at $163,000 after purchasing an additional 56 shares during the period. D.A. Davidson & CO. grew its position in shares of iShares MSCI USA Momentum Factor ETF by 0.8% during the fourth quarter. D.A. Davidson & CO. now owns 7,498 shares of the company’s stock worth $1,551,000 after acquiring an additional 57 shares during the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC grew its position in iShares MSCI USA Momentum Factor ETF by 5.8% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock worth $224,000 after purchasing an additional 59 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 5.2 %

Shares of BATS:MTUM opened at $219.82 on Friday. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The firm has a market cap of $11.90 billion, a P/E ratio of 18.53 and a beta of 1.10. The company has a 50 day moving average of $216.45 and a 200-day moving average of $207.42.

About iShares MSCI USA Momentum Factor ETF

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.