CRA Financial Services LLC Cuts Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

CRA Financial Services LLC reduced its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,322 shares of the company’s stock after selling 50 shares during the period. CRA Financial Services LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $674,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of MTUM. Arizona PSPRS Trust purchased a new stake in iShares MSCI USA Momentum Factor ETF in the second quarter valued at approximately $69,276,000. Mercer Global Advisors Inc. ADV grew its holdings in 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 valued at $1,463,815,000 after purchasing an additional 213,637 shares during the period. Symmetry Partners LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 62.7% in the second quarter. Symmetry Partners LLC now owns 541,276 shares of the company’s stock valued at $105,479,000 after purchasing an additional 208,691 shares during the period. Blue Trust Inc. grew its holdings in iShares MSCI USA Momentum Factor ETF by 20.1% in the first quarter. Blue Trust Inc. now owns 1,239,696 shares of the company’s stock valued at $232,257,000 after purchasing an additional 207,306 shares during the period. Finally, Foster Group Inc. grew its holdings in iShares MSCI USA Momentum Factor ETF by 281.1% in the second quarter. Foster Group Inc. now owns 277,940 shares of the company’s stock valued at $54,162,000 after purchasing an additional 205,017 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

iShares MSCI USA Momentum Factor ETF stock traded up $2.36 during trading on Friday, reaching $207.36. The company had a trading volume of 546,740 shares. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60. The stock’s 50 day moving average price is $195.62 and its two-hundred day moving average price is $191.10. The firm has a market capitalization of $11.23 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

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.