Cobblestone Capital Advisors LLC NY Sells 43,192 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Cobblestone Capital Advisors LLC NY decreased its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 31.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 94,097 shares of the company’s stock after selling 43,192 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for approximately 1.2% of Cobblestone Capital Advisors LLC NY’s investment portfolio, making the stock its 20th biggest holding. Cobblestone Capital Advisors LLC NY owned 0.13% of iShares MSCI USA Momentum Factor ETF worth $22,613,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in MTUM. Teamwork Financial Advisors LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 2.6% in the 2nd quarter. Teamwork Financial Advisors LLC now owns 1,709 shares of the company’s stock valued at $411,000 after buying an additional 44 shares during the last quarter. Trust Co. of Vermont increased its stake in iShares MSCI USA Momentum Factor ETF by 13.9% in the 1st quarter. Trust Co. of Vermont now owns 411 shares of the company’s stock valued at $83,000 after buying an additional 50 shares during the last quarter. Vantage Point Financial LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 2.2% in the 2nd quarter. Vantage Point Financial LLC now owns 2,368 shares of the company’s stock valued at $569,000 after buying an additional 51 shares during the last quarter. Private Advisory Group LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 1.3% in the 1st quarter. Private Advisory Group LLC now owns 4,530 shares of the company’s stock valued at $916,000 after buying an additional 57 shares during the last quarter. Finally, Larson Financial Group LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 4.2% in the 1st quarter. Larson Financial Group LLC now owns 1,503 shares of the company’s stock valued at $304,000 after buying an additional 61 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS:MTUM opened at $255.50 on Monday. The firm has a market cap of $18.65 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. 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 50-day moving average price of $250.97 and a two-hundred day moving average price of $236.08.

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.