Members Advisory Group LLC Sells 276 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Members Advisory Group LLC reduced its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 15.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,525 shares of the company’s stock after selling 276 shares during the period. iShares MSCI USA Momentum Factor ETF comprises approximately 0.1% of Members Advisory Group LLC’s portfolio, making the stock its 27th biggest holding. Members Advisory Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $317,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of MTUM. Signaturefd LLC grew its position in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after acquiring an additional 155 shares during the last quarter. Dakota Wealth Management grew its position in iShares MSCI USA Momentum Factor ETF by 19.5% during the third quarter. Dakota Wealth Management now owns 3,343 shares of the company’s stock valued at $678,000 after acquiring an additional 546 shares during the last quarter. Trueblood Wealth Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the third quarter valued at approximately $382,000. Convergence Financial LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the third quarter valued at approximately $12,845,000. Finally, Arkadios Wealth Advisors grew its position in iShares MSCI USA Momentum Factor ETF by 16.7% during the third quarter. Arkadios Wealth Advisors now owns 2,203 shares of the company’s stock valued at $447,000 after acquiring an additional 316 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS MTUM opened at $219.82 on Friday. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The firm’s 50 day simple moving average is $216.56 and its two-hundred day simple moving average is $207.73. The stock has a market capitalization of $11.90 billion, a P/E 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.