LifeSteps Financial Inc. Sells 119 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

LifeSteps Financial Inc. trimmed its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 5.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,042 shares of the company’s stock after selling 119 shares during the period. LifeSteps Financial Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% during 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 during the last quarter. AdvisorNet Financial Inc boosted its holdings in 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 period. Signaturefd LLC increased its stake in 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 buying an additional 155 shares during the period. Vontobel Holding Ltd. purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $432,000. Finally, Kingsview Wealth Management LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 17.9% during the 4th quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock worth $275,000 after purchasing an additional 202 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 5.2 %

Shares of MTUM stock opened at $219.82 on Friday. The firm has a fifty day moving average price of $216.45 and a 200 day moving average price of $207.42. The company has a market cap of $11.90 billion, a P/E ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60.

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.