iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Stock Position Trimmed by Prospera Financial Services Inc

Prospera Financial Services Inc decreased its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 89.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,455 shares of the company’s stock after selling 12,849 shares during the period. Prospera Financial Services Inc’s holdings in iShares MSCI USA Momentum Factor ETF were worth $296,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV raised its stake in iShares MSCI USA Momentum Factor ETF by 2.9% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock valued at $1,463,815,000 after acquiring an additional 213,637 shares in the last quarter. Assetmark Inc. raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 4.5% during the third quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock valued at $343,269,000 after purchasing an additional 72,891 shares in the last quarter. Symmetry Partners LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 62.7% in the second quarter. Symmetry Partners LLC now owns 541,276 shares of the company’s stock worth $105,479,000 after purchasing an additional 208,691 shares during the period. Raymond James Financial Services Advisors Inc. grew its position in iShares MSCI USA Momentum Factor ETF by 6.0% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 390,151 shares of the company’s stock valued at $76,029,000 after buying an additional 22,091 shares in the last quarter. Finally, Arizona PSPRS Trust acquired a new position in iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at about $69,276,000.

iShares MSCI USA Momentum Factor ETF Trading Up 0.5 %

Shares of BATS:MTUM opened at $214.91 on Monday. The company has a 50 day moving average of $206.00 and a 200-day moving average of $196.65. The firm has a market cap of $11.64 billion, a P/E ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month 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.