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

Private Advisor Group LLC decreased its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 43.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 63,121 shares of the company’s stock after selling 49,369 shares during the period. Private Advisor Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $12,798,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in MTUM. Arizona PSPRS Trust acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth $69,276,000. Mercer Global Advisors Inc. ADV increased its stake in iShares MSCI USA Momentum Factor ETF by 2.9% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock worth $1,463,815,000 after purchasing an additional 213,637 shares in the last quarter. Symmetry Partners LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 62.7% during the 2nd quarter. Symmetry Partners LLC now owns 541,276 shares of the company’s stock worth $105,479,000 after buying an additional 208,691 shares during the period. Blue Trust Inc. lifted its stake in iShares MSCI USA Momentum Factor ETF by 20.1% during the first quarter. Blue Trust Inc. now owns 1,239,696 shares of the company’s stock valued at $232,257,000 after buying an additional 207,306 shares in the last quarter. Finally, Foster Group Inc. lifted its stake in iShares MSCI USA Momentum Factor ETF by 281.1% during the second quarter. Foster Group Inc. now owns 277,940 shares of the company’s stock valued at $54,162,000 after buying an additional 205,017 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

iShares MSCI USA Momentum Factor ETF stock opened at $206.98 on Friday. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60. The firm’s 50 day simple moving average is $199.94 and its 200-day simple moving average is $192.42. The company has a market cap of $11.21 billion, a P/E ratio of 18.53 and a beta of 1.10.

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.