iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by IFG Advisory LLC

IFG Advisory LLC lessened its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 5.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,726 shares of the company’s stock after selling 1,304 shares during the quarter. IFG Advisory LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,566,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of MTUM. Captrust Financial Advisors increased its holdings in iShares MSCI USA Momentum Factor ETF by 1,777.3% in the 4th quarter. Captrust Financial Advisors now owns 1,744,129 shares of the company’s stock worth $254,521,000 after buying an additional 1,651,221 shares during the period. Cerity Partners LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 37,248.7% during the 2nd quarter. Cerity Partners LLC now owns 1,240,723 shares of the company’s stock worth $178,974,000 after purchasing an additional 1,237,401 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 7.9% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 6,227,827 shares of the company’s stock worth $898,364,000 after purchasing an additional 457,343 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 4.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 6,913,845 shares of the company’s stock worth $965,864,000 after purchasing an additional 277,017 shares during the period. Finally, BlackRock Inc. grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 17.7% during the 2nd quarter. BlackRock Inc. now owns 1,256,689 shares of the company’s stock worth $181,277,000 after purchasing an additional 188,883 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

iShares MSCI USA Momentum Factor ETF stock traded down $0.64 during trading on Wednesday, reaching $187.73. The company had a trading volume of 1,094,578 shares. The firm’s 50-day simple moving average is $177.76 and its 200 day simple moving average is $158.17. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60. The firm has a market capitalization of $11.68 billion, a PE ratio of 19.35 and a beta of 0.91.

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.