First Foundation Advisors Sells 75 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

First Foundation Advisors lowered its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,404 shares of the company’s stock after selling 75 shares during the quarter. First Foundation Advisors’ holdings in iShares MSCI USA Momentum Factor ETF were worth $497,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Gries Financial LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 1.6% in the 4th quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock worth $634,000 after purchasing an additional 48 shares during the period. LongView Wealth Management boosted its position in iShares MSCI USA Momentum Factor ETF by 2.0% during the fourth quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock worth $565,000 after purchasing an additional 54 shares during the period. MGB Wealth Management LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 7.7% in the 4th quarter. MGB Wealth Management LLC now owns 788 shares of the company’s stock valued at $163,000 after buying an additional 56 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in iShares MSCI USA Momentum Factor ETF by 0.8% during the 4th quarter. D.A. Davidson & CO. now owns 7,498 shares of the company’s stock worth $1,551,000 after purchasing an additional 57 shares during the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 5.8% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock valued at $224,000 after acquiring an additional 59 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM opened at $193.09 on Friday. The company has a market capitalization of $13.29 billion, a P/E ratio of 27.38 and a beta of 1.00. The business’s 50 day simple moving average is $209.20 and its 200 day simple moving average is $209.97. iShares MSCI USA Momentum Factor ETF has a 1 year low of $168.49 and a 1 year high of $229.77.

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.