Willis Johnson & Associates Inc. Has $221,000 Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Willis Johnson & Associates Inc. trimmed its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 14.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,068 shares of the company’s stock after selling 184 shares during the period. Willis Johnson & Associates Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $221,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MTUM. Envestnet Asset Management Inc. increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 58.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 12,608,593 shares of the company’s stock valued at $2,608,970,000 after buying an additional 4,651,707 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $574,824,000. LPL Financial LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 215.4% in the 4th quarter. LPL Financial LLC now owns 1,954,637 shares of the company’s stock valued at $404,454,000 after buying an additional 1,334,851 shares during the period. Assetmark Inc. grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.4% during the fourth quarter. Assetmark Inc. now owns 1,750,905 shares of the company’s stock worth $362,297,000 after purchasing an additional 57,922 shares during the period. Finally, Bank of America Corp DE grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 25.2% during the fourth quarter. Bank of America Corp DE now owns 1,528,601 shares of the company’s stock worth $316,298,000 after purchasing an additional 308,078 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Up 10.1%

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $230.05 on Wednesday. iShares MSCI USA Momentum Factor ETF has a 12 month low of $168.49 and a 12 month high of $231.39. The business has a fifty day simple moving average of $205.85 and a 200 day simple moving average of $211.17. The stock has a market cap of $16.77 billion, a PE ratio of 28.96 and a beta of 1.00.

About iShares MSCI USA Momentum Factor ETF

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.