iShares MSCI USA Momentum Factor ETF $MTUM Stock: MGO One Seven LLC Cuts Position

MGO One Seven LLC lessened its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 8.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 48,271 shares of the company’s stock after selling 4,656 shares during the quarter. MGO One Seven LLC owned about 0.07% of iShares MSCI USA Momentum Factor ETF worth $15,318,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of MTUM. Modera Wealth Management LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 6.3% during the 3rd quarter. Modera Wealth Management LLC now owns 4,473 shares of the company’s stock worth $1,419,000 after buying an additional 266 shares during the last quarter. Partners Wealth Management LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the third quarter worth $2,212,000. Soltis Investment Advisors LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 12.2% in the 3rd quarter. Soltis Investment Advisors LLC now owns 3,111 shares of the company’s stock valued at $987,000 after purchasing an additional 339 shares in the last quarter. Financial Network Wealth Advisors LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 5,175.0% during the 3rd quarter. Financial Network Wealth Advisors LLC now owns 211 shares of the company’s stock valued at $67,000 after acquiring an additional 207 shares during the period. Finally, D.A. Davidson & CO. grew its holdings in iShares MSCI USA Momentum Factor ETF by 0.9% in the third quarter. D.A. Davidson & CO. now owns 37,235 shares of the company’s stock valued at $11,816,000 after purchasing an additional 335 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of BATS:MTUM opened at $284.10 on Friday. iShares MSCI USA Momentum Factor ETF has a one year low of $229.42 and a one year high of $345.59. The business’s fifty day moving average price is $306.44 and its two-hundred day moving average price is $289.79. The stock has a market cap of $20.74 billion, a PE ratio of 28.67 and a beta of 1.02.

Shares of iShares MSCI USA Momentum Factor ETF are scheduled to split on the morning of Thursday, November 5th. The 4-1 split was recently announced. The newly created shares will be issued to shareholders after the market closes on Wednesday, November 4th.

iShares MSCI USA Momentum Factor ETF Company Profile

(Free Report)

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.

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