Good Life Advisors LLC Cuts Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Good Life Advisors LLC reduced its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 54.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,005 shares of the company’s stock after selling 2,423 shares during the period. Good Life Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $415,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after purchasing an additional 188 shares during the last quarter. AdvisorNet Financial Inc grew its holdings in iShares MSCI USA Momentum Factor ETF by 51.4% during the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after buying an additional 74 shares in the last quarter. Signaturefd LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after buying an additional 155 shares in the last quarter. Kingsview Wealth Management LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 17.9% in the 4th quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock worth $275,000 after acquiring an additional 202 shares during the last quarter. Finally, Arizona PSPRS Trust raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.0% during the 3rd quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock worth $73,523,000 after acquiring an additional 7,115 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS MTUM opened at $225.17 on Friday. The stock has a 50 day moving average price of $216.45 and a 200-day moving average price of $207.42. 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 $12.19 billion, a P/E ratio of 18.53 and a beta of 1.10.

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.