iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Stake Reduced by Blake Schutter Theil Wealth Advisors LLC

Blake Schutter Theil Wealth Advisors LLC reduced its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 8.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,533 shares of the company’s stock after selling 708 shares during the period. iShares MSCI USA Momentum Factor ETF accounts for approximately 1.6% of Blake Schutter Theil Wealth Advisors LLC’s portfolio, making the stock its 9th largest position. Blake Schutter Theil Wealth Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,559,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Duncker Streett & Co. Inc. bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter worth $25,000. Mainstream Capital Management LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF in the fourth quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after acquiring an additional 188 shares during the period. Capital Performance Advisors LLP purchased a new position in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at $43,000. Finally, AdvisorNet Financial Inc lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 51.4% in the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after acquiring an additional 74 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of BATS MTUM opened at $204.42 on Friday. iShares MSCI USA Momentum Factor ETF has a 52-week low of $168.49 and a 52-week high of $229.77. The firm’s fifty day moving average is $217.00 and its two-hundred day moving average is $209.60. The company has a market cap of $14.67 billion, a P/E 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.