iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Straight Path Wealth Management

Straight Path Wealth Management trimmed its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 62,324 shares of the company’s stock after selling 611 shares during the quarter. iShares MSCI USA Momentum Factor ETF comprises about 5.1% of Straight Path Wealth Management’s holdings, making the stock its 5th biggest position. Straight Path Wealth Management owned 0.12% of iShares MSCI USA Momentum Factor ETF worth $12,896,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of MTUM. Raymond James Financial Inc. bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at $574,824,000. Verdence Capital Advisors LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1.5% in the fourth quarter. Verdence Capital Advisors LLC now owns 4,713 shares of the company’s stock valued at $975,000 after buying an additional 70 shares in the last quarter. Sound Financial Strategies Group LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 80.1% in the fourth quarter. Sound Financial Strategies Group LLC now owns 2,880 shares of the company’s stock valued at $596,000 after buying an additional 1,281 shares in the last quarter. Atria Investments Inc lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 131.7% in the fourth quarter. Atria Investments Inc now owns 88,099 shares of the company’s stock valued at $18,229,000 after buying an additional 50,077 shares in the last quarter. Finally, Assetmark Inc. lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.4% in the fourth quarter. Assetmark Inc. now owns 1,750,905 shares of the company’s stock valued at $362,297,000 after buying an additional 57,922 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 1.8 %

iShares MSCI USA Momentum Factor ETF stock opened at $212.74 on Thursday. The firm’s fifty day moving average price is $217.33 and its two-hundred day moving average price is $209.49. iShares MSCI USA Momentum Factor ETF has a 1-year low of $168.49 and a 1-year high of $229.77. The firm has a market capitalization of $15.26 billion, a price-to-earnings ratio of 28.87 and a beta of 0.98.

About iShares MSCI USA Momentum Factor ETF

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.