iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by New Millennium Group LLC

New Millennium Group LLC cut its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 4.1% during the 4th quarter, HoldingsChannel reports. The fund owned 2,381 shares of the company’s stock after selling 101 shares during the period. New Millennium Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $493,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Fortitude Family Office LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 1,255.6% during the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after purchasing an additional 113 shares during the last quarter. Signaturefd LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% in the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after buying an additional 155 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings 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 valued at $41,000 after buying an additional 188 shares during the period. Capital Performance Advisors LLP acquired a new stake in iShares MSCI USA Momentum Factor ETF during the third quarter worth about $43,000. Finally, AdvisorNet Financial Inc lifted its holdings in iShares MSCI USA Momentum Factor ETF by 51.4% in the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after acquiring an additional 74 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 4.9 %

BATS:MTUM opened at $219.20 on Friday. The stock has a 50 day moving average of $213.31 and a 200-day moving average of $203.79. The firm has a market capitalization of $11.87 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60.

iShares MSCI USA Momentum Factor ETF 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.