iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Fingerlakes Wealth Management Inc.

Fingerlakes Wealth Management Inc. reduced its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,107 shares of the company’s stock after selling 46 shares during the period. Fingerlakes Wealth Management Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $436,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of MTUM. Thurston Springer Miller Herd & Titak Inc. lifted its position in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after buying an additional 188 shares during the period. AdvisorNet Financial Inc increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 51.4% during the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after acquiring an additional 74 shares during the last quarter. 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 worth $33,000 after acquiring an additional 155 shares during the period. Kingsview Wealth Management LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 17.9% in the fourth quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock worth $275,000 after acquiring an additional 202 shares during the last quarter. Finally, Arizona PSPRS Trust grew its holdings in iShares MSCI USA Momentum Factor ETF by 2.0% in the third quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock valued at $73,523,000 after purchasing an additional 7,115 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM stock opened at $229.08 on Thursday. The firm has a market capitalization of $12.40 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The company has a 50 day moving average price of $216.18 and a 200 day moving average price of $207.29. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year 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.