iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by McKinley Carter Wealth Services Inc.

McKinley Carter Wealth Services Inc. lessened its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 6.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,452 shares of the company’s stock after selling 461 shares during the quarter. McKinley Carter Wealth Services Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,335,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Park Avenue Securities LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 1,055.4% during the 4th quarter. Park Avenue Securities LLC now owns 507,294 shares of the company’s stock valued at $104,969,000 after purchasing an additional 463,387 shares during the period. Janney Montgomery Scott LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 140.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 425,097 shares of the company’s stock valued at $87,961,000 after acquiring an additional 248,600 shares during the period. Citigroup Inc. grew its position in shares of iShares MSCI USA Momentum Factor ETF by 1,266.9% during the third quarter. Citigroup Inc. now owns 253,036 shares of the company’s stock worth $51,305,000 after acquiring an additional 234,524 shares during the last quarter. Foundations Investment Advisors LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 245.6% during the fourth quarter. Foundations Investment Advisors LLC now owns 225,033 shares of the company’s stock worth $46,564,000 after acquiring an additional 159,916 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 455.1% in the 3rd quarter. Sanctuary Advisors LLC now owns 157,981 shares of the company’s stock valued at $33,952,000 after purchasing an additional 129,521 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 3.5 %

iShares MSCI USA Momentum Factor ETF stock opened at $216.29 on Wednesday. The firm has a 50-day moving average price of $212.94 and a two-hundred day moving average price of $203.47. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The firm has a market capitalization of $11.71 billion, a price-to-earnings 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.