Bogart Wealth LLC Decreases Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Bogart Wealth LLC lowered its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 17.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 467 shares of the company’s stock after selling 102 shares during the quarter. Bogart Wealth LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $73,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Crestwood Advisors Group LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 4.2% in the 3rd quarter. Crestwood Advisors Group LLC now owns 11,222 shares of the company’s stock valued at $1,568,000 after acquiring an additional 449 shares during the last quarter. Simplicity Solutions LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at about $572,000. J.W. Cole Advisors Inc. lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.1% during the 4th quarter. J.W. Cole Advisors Inc. now owns 10,592 shares of the company’s stock worth $1,662,000 after acquiring an additional 317 shares during the period. Brookstone Capital Management boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 10.3% in the fourth quarter. Brookstone Capital Management now owns 4,028 shares of the company’s stock worth $632,000 after acquiring an additional 376 shares during the last quarter. Finally, Corient Private Wealth LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 2.1% in the third quarter. Corient Private Wealth LLC now owns 652,951 shares of the company’s stock valued at $91,217,000 after purchasing an additional 13,613 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

BATS:MTUM traded up $0.26 during trading hours on Thursday, reaching $183.91. 447,109 shares of the company were exchanged. The firm has a market cap of $9.96 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The stock has a 50 day simple moving average of $183.67 and a 200 day simple moving average of $166.87. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week 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.