Sagespring Wealth Partners LLC Sells 2,464 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Sagespring Wealth Partners LLC lessened its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 68,817 shares of the company’s stock after selling 2,464 shares during the period. Sagespring Wealth Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $17,226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in MTUM. Focus Partners Wealth grew its holdings in iShares MSCI USA Momentum Factor ETF by 2,939.7% in the 3rd quarter. Focus Partners Wealth now owns 927,145 shares of the company’s stock valued at $237,766,000 after buying an additional 896,644 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 59.7% during the second quarter. Osaic Holdings Inc. now owns 517,284 shares of the company’s stock worth $120,371,000 after buying an additional 193,332 shares during the last quarter. Park Avenue Securities LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 35.7% during the fourth quarter. Park Avenue Securities LLC now owns 711,023 shares of the company’s stock worth $177,976,000 after buying an additional 187,155 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 15.8% in the second quarter. Ameriprise Financial Inc. now owns 1,231,042 shares of the company’s stock valued at $295,986,000 after acquiring an additional 168,340 shares during the period. Finally, Orion Porfolio Solutions LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 474.2% in the second quarter. Orion Porfolio Solutions LLC now owns 150,905 shares of the company’s stock valued at $36,265,000 after acquiring an additional 124,622 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Down 2.2%

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $241.52 on Friday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $171.51 and a 1 year high of $262.10. The company’s fifty day simple moving average is $252.45 and its 200-day simple moving average is $251.88. The company has a market cap of $17.63 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.