iShares MSCI USA Momentum Factor ETF $MTUM Stock Sold by ONE Advisory Partners LLC

ONE Advisory Partners LLC lowered its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 95.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,191 shares of the company’s stock after selling 23,796 shares during the period. ONE Advisory Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $378,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. YANKCOM Partnership bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the third quarter worth $31,000. Fairway Wealth LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at $36,000. Turtle Creek Wealth Advisors LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at $26,000. Indiana Trust & Investment Management Co bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at $26,000. Finally, Morling Financial Advisors LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF during the 2nd quarter worth about $50,000.

iShares MSCI USA Momentum Factor ETF Stock Up 0.3%

MTUM traded up $0.88 during trading on Friday, reaching $289.45. 686,300 shares of the company were exchanged, compared to its average volume of 1,227,590. The company’s 50-day moving average is $307.84 and its two-hundred day moving average is $305.70. The company has a market cap of $21.13 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 12-month low of $229.42 and a 12-month high of $345.59.

Shares of iShares MSCI USA Momentum Factor ETF are scheduled to split on the morning of Thursday, November 5th. The 4-1 split was recently announced. The newly issued shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

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.