Bay Harbor Wealth Management LLC Has $3.73 Million Stock Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

Bay Harbor Wealth Management LLC cut its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,529 shares of the company’s stock after selling 371 shares during the period. Bay Harbor Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,732,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Cullen Frost Bankers Inc. acquired a new stake in iShares MSCI USA Momentum Factor ETF in the first quarter worth $26,000. Compass Wealth Management LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the first quarter worth $30,000. Cornerstone Planning Group LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 140.3% in the first quarter. Cornerstone Planning Group LLC now owns 149 shares of the company’s stock worth $30,000 after purchasing an additional 87 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the first quarter worth $33,000. Finally, Harbor Investment Advisory LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 262.2% in the second quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock worth $39,000 after purchasing an additional 118 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM opened at $254.15 on Friday. The firm’s fifty day moving average is $247.84 and its two-hundred day moving average is $229.67. The firm has a market cap of $18.55 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 $168.49 and a twelve month high of $240.99.

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.