Capital & Planning LLC Sells 2,089 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Capital & Planning LLC reduced its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 6.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,447 shares of the company’s stock after selling 2,089 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up approximately 5.0% of Capital & Planning LLC’s investment portfolio, making the stock its 14th largest position. Capital & Planning LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $9,752,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Waystone Advisors LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $1,040,000. Summit Wealth Group LLC Co. purchased a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth $1,840,000. Sound Portfolio Advisors LLC purchased a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth $6,230,000. Straight Path Wealth Management raised its position in iShares MSCI USA Momentum Factor ETF by 3.5% during the 4th quarter. Straight Path Wealth Management now owns 72,195 shares of the company’s stock valued at $18,071,000 after purchasing an additional 2,422 shares in the last quarter. Finally, World Investment Advisors raised its position in iShares MSCI USA Momentum Factor ETF by 178.4% during the 4th quarter. World Investment Advisors now owns 31,860 shares of the company’s stock valued at $7,975,000 after purchasing an additional 20,416 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM opened at $304.86 on Tuesday. iShares MSCI USA Momentum Factor ETF has a 12-month low of $229.42 and a 12-month high of $345.59. The business’s fifty day simple moving average is $308.93 and its 200-day simple moving average is $291.09. The company has a market capitalization of $22.25 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02.

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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