ACT Advisors LLC. Sells 65 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

ACT Advisors LLC. cut its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,733 shares of the company’s stock after selling 65 shares during the period. iShares MSCI USA Momentum Factor ETF comprises approximately 0.7% of ACT Advisors LLC.’s portfolio, making the stock its 17th biggest holding. ACT Advisors LLC.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,393,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Fortitude Family Office LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% in the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after acquiring an additional 113 shares in the last quarter. Abich Financial Wealth Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the second quarter valued at $33,000. Signaturefd LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after purchasing an additional 155 shares during the period. Capital Performance Advisors LLP bought a new position in iShares MSCI USA Momentum Factor ETF during the third quarter valued at $43,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the second quarter valued at $48,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS MTUM traded down $2.88 on Monday, hitting $206.90. 1,026,117 shares of the stock traded hands. The firm has a market capitalization of $11.20 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The business’s fifty day moving average is $211.56 and its two-hundred day moving average is $202.07. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60.

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.