Capital Analysts LLC Sells 3,487 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Capital Analysts LLC cut its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 14.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,943 shares of the company’s stock after selling 3,487 shares during the period. Capital Analysts LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $6,837,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cary Street Partners Financial LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter worth approximately $25,000. Triumph Capital Management bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at $25,000. Financial Network Wealth Advisors LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 176.3% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 105 shares of the company’s stock worth $26,000 after buying an additional 67 shares during the period. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the first quarter worth $26,000. Finally, Indiana Trust & Investment Management Co bought a new position in iShares MSCI USA Momentum Factor ETF during the first quarter worth $26,000.

iShares MSCI USA Momentum Factor ETF Stock Up 1.3%

Shares of BATS MTUM opened at $308.69 on Wednesday. The company has a market capitalization of $22.53 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a twelve month low of $229.42 and a twelve month high of $345.59. The firm has a fifty day simple moving average of $308.25 and a 200 day simple moving average of $291.48.

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.