iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Fortune Financial Advisors LLC

Fortune Financial Advisors LLC decreased its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 9.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,385 shares of the company’s stock after selling 149 shares during the period. Fortune Financial Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $281,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. QRG Capital Management Inc. acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the first quarter worth about $329,000. Blair William & Co. IL lifted its position in iShares MSCI USA Momentum Factor ETF by 7.8% during the 1st quarter. Blair William & Co. IL now owns 7,919 shares of the company’s stock worth $1,484,000 after acquiring an additional 571 shares during the period. BNP Paribas Financial Markets grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 642.4% in the 1st quarter. BNP Paribas Financial Markets now owns 7,164 shares of the company’s stock valued at $1,342,000 after purchasing an additional 6,199 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 407.5% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,060 shares of the company’s stock valued at $791,000 after purchasing an additional 3,260 shares during the period. Finally, Cetera Advisor Networks LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 8.8% during the first quarter. Cetera Advisor Networks LLC now owns 126,486 shares of the company’s stock worth $23,697,000 after purchasing an additional 10,257 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS MTUM opened at $205.74 on Friday. The company has a market cap of $11.14 billion, a PE ratio of 18.53 and a beta of 1.10. The stock has a fifty day moving average price of $200.16 and a 200 day moving average price of $192.59. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60.

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.