Oakwell Private Wealth Management LLC Trims Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Oakwell Private Wealth Management LLC cut its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,125 shares of the company’s stock after selling 164 shares during the period. Oakwell Private Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,267,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Fortitude Family Office LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% in the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after purchasing an additional 113 shares during the period. Signaturefd LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after purchasing an additional 155 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its position in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after buying an additional 188 shares during the period. Capital Performance Advisors LLP bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at $43,000. Finally, AdvisorNet Financial Inc grew its position in shares of iShares MSCI USA Momentum Factor ETF by 51.4% in the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after buying an additional 74 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS MTUM opened at $216.93 on Wednesday. The stock has a market cap of $15.56 billion, a P/E ratio of 28.87 and a beta of 0.98. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The firm has a 50-day moving average of $216.68 and a 200 day moving average of $208.63.

iShares MSCI USA Momentum Factor ETF 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.