Orion Capital Management LLC Has $367,000 Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Orion Capital Management LLC cut its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 14.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,337 shares of the company’s stock after selling 385 shares during the period. Orion Capital Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $367,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Baker Avenue Asset Management LP increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 46.8% during the third quarter. Baker Avenue Asset Management LP now owns 279 shares of the company’s stock worth $39,000 after buying an additional 89 shares in the last quarter. Sound Income Strategies LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 281.5% during the fourth quarter. Sound Income Strategies LLC now owns 248 shares of the company’s stock worth $39,000 after buying an additional 183 shares in the last quarter. BluePath Capital Management LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the third quarter worth $41,000. Provence Wealth Management Group acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the third quarter worth $54,000. Finally, O Shaughnessy Asset Management LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 83.4% during the third quarter. O Shaughnessy Asset Management LLC now owns 576 shares of the company’s stock worth $80,000 after buying an additional 262 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Down 1.5 %

Shares of BATS:MTUM traded down $2.63 during trading on Wednesday, hitting $177.11. 727,479 shares of the company were exchanged. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60. The company has a market capitalization of $9.59 billion, a P/E ratio of 18.53 and a beta of 1.10. The business’s 50 day moving average is $183.50 and its 200-day moving average is $165.37.

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.