iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by CFS Investment Advisory Services LLC

CFS Investment Advisory Services LLC lowered its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.8% during the 3rd quarter, according to its most recent disclosure with the Securities and 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 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV boosted 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 valued at $1,463,815,000 after acquiring an additional 213,637 shares in the last quarter. Assetmark Inc. boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4.5% in the third quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock valued at $343,269,000 after acquiring an additional 72,891 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.0% in the third quarter. LPL Financial LLC now owns 619,786 shares of the company’s stock valued at $125,668,000 after acquiring an additional 11,968 shares in the last quarter. Symmetry Partners LLC boosted its holdings in shares of 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 acquiring an additional 208,691 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 6.0% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 390,151 shares of the company’s stock valued at $76,029,000 after acquiring an additional 22,091 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of BATS:MTUM opened at $213.81 on Friday. The stock has a market capitalization of $11.58 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60. The company has a 50 day moving average price of $205.64 and a 200 day moving average price 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.