iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Stock Position Trimmed by Guerra Pan Advisors LLC

Guerra Pan Advisors LLC lessened its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 11.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 18,333 shares of the company’s stock after selling 2,465 shares during the period. iShares MSCI USA Momentum Factor ETF makes up approximately 2.7% of Guerra Pan Advisors LLC’s holdings, making the stock its 9th largest holding. Guerra Pan Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,876,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of MTUM. SRS Capital Advisors Inc. grew its position in iShares MSCI USA Momentum Factor ETF by 1.1% in the 1st quarter. SRS Capital Advisors Inc. now owns 6,565 shares of the company’s stock valued at $913,000 after acquiring an additional 73 shares during the last quarter. Blair William & Co. IL lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1.0% during the 3rd quarter. Blair William & Co. IL now owns 7,318 shares of the company’s stock worth $1,022,000 after purchasing an additional 76 shares during the last quarter. Fortis Capital Advisors LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 44.9% during the 1st quarter. Fortis Capital Advisors LLC now owns 271 shares of the company’s stock worth $38,000 after purchasing an additional 84 shares during the last quarter. Baker Boyer National Bank lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.6% during the 3rd quarter. Baker Boyer National Bank now owns 3,380 shares of the company’s stock worth $472,000 after purchasing an additional 87 shares during the last quarter. Finally, Baker Avenue Asset Management LP lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 46.8% during the 3rd quarter. Baker Avenue Asset Management LP now owns 279 shares of the company’s stock worth $39,000 after purchasing an additional 89 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Down 1.7 %

Shares of BATS MTUM traded down $3.12 during mid-day trading on Tuesday, reaching $180.78. 1,192,256 shares of the company were exchanged. The stock has a market cap of $9.92 billion, a price-to-earnings ratio of 19.19 and a beta of 1.10. 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 $183.18 and a 200 day moving average of $162.44.

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.