Goldstein Advisors LLC Sells 129 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Goldstein Advisors LLC lessened its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,265 shares of the company’s stock after selling 129 shares during the period. Goldstein Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,227,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of MTUM. Cullen Frost Bankers Inc. bought a new position in iShares MSCI USA Momentum Factor ETF in the 1st quarter worth approximately $26,000. Compass Wealth Management LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF during the 1st quarter worth $30,000. Cornerstone Planning Group LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 140.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 149 shares of the company’s stock worth $30,000 after acquiring an additional 87 shares during the period. Harbor Investment Advisory LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 262.2% during the 2nd quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock worth $39,000 after acquiring an additional 118 shares during the period. Finally, GAMMA Investing LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 45.0% during the 2nd quarter. GAMMA Investing LLC now owns 216 shares of the company’s stock worth $52,000 after acquiring an additional 67 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM opened at $252.87 on Friday. The company has a fifty day moving average price of $250.24 and a two-hundred day moving average price of $233.03. iShares MSCI USA Momentum Factor ETF has a 52 week low of $168.49 and a 52 week high of $240.99. The firm has a market capitalization of $18.46 billion, a PE ratio of 28.67 and a beta of 1.02.

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.