Professional Financial Advisors LLC Has $3.94 Million Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Professional Financial Advisors LLC raised its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 0.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 25,085 shares of the company’s stock after buying an additional 213 shares during the period. iShares MSCI USA Momentum Factor ETF comprises 1.3% of Professional Financial Advisors LLC’s holdings, making the stock its 12th largest position. Professional Financial Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,936,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Strategic Investment Solutions Inc. IL bought a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter worth $31,000. Fortis Capital Advisors LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 44.9% during the 1st quarter. Fortis Capital Advisors LLC now owns 271 shares of the company’s stock worth $38,000 after buying an additional 84 shares during the period. Baker Avenue Asset Management LP lifted its holdings in iShares MSCI USA Momentum Factor ETF by 46.8% during the 3rd quarter. Baker Avenue Asset Management LP now owns 279 shares of the company’s stock worth $39,000 after buying an additional 89 shares during the period. Sound Income Strategies LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 281.5% during the 4th quarter. Sound Income Strategies LLC now owns 248 shares of the company’s stock valued at $39,000 after purchasing an additional 183 shares in the last quarter. Finally, BluePath Capital Management LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth approximately $41,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM traded down $0.01 during mid-day trading on Thursday, hitting $187.72. The company had a trading volume of 728,626 shares. The firm has a fifty day moving average price of $178.33 and a 200 day moving average price of $158.37. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The company 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 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.