Moulton Wealth Management Inc. Sells 2,034 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Moulton Wealth Management Inc. lessened its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 37.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,385 shares of the company’s stock after selling 2,034 shares during the quarter. Moulton Wealth Management Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $700,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fortitude Family Office LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% during the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after acquiring an additional 113 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the second quarter worth $33,000. Signaturefd LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after purchasing an additional 155 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after purchasing an additional 188 shares in the last quarter. Finally, Capital Performance Advisors LLP purchased a new position in iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth $43,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM opened at $217.36 on Monday. The business’s 50-day moving average is $211.85 and its 200 day moving average is $202.60. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The firm has a market capitalization of $11.77 billion, a P/E ratio of 18.53 and a beta of 1.10.

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.