Creative Planning Sells 435 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Creative Planning cut its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,708 shares of the company’s stock after selling 435 shares during the period. Creative Planning owned approximately 0.06% of iShares MSCI USA Momentum Factor ETF worth $10,264,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Teamwork Financial Advisors LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.6% during the 2nd quarter. Teamwork Financial Advisors LLC now owns 1,709 shares of the company’s stock valued at $411,000 after acquiring an additional 44 shares during the last quarter. Vantage Point Financial LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 2.2% in the second quarter. Vantage Point Financial LLC now owns 2,368 shares of the company’s stock worth $569,000 after purchasing an additional 51 shares during the last quarter. Private Advisory Group LLC grew its position 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 worth $916,000 after purchasing an additional 57 shares during the period. Tyche Wealth Partners LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 2.6% during the 2nd quarter. Tyche Wealth Partners LLC now owns 2,500 shares of the company’s stock valued at $601,000 after buying an additional 63 shares during the last quarter. Finally, Advisory Alpha LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 4.9% during the 1st quarter. Advisory Alpha LLC now owns 1,439 shares of the company’s stock valued at $291,000 after buying an additional 67 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM stock opened at $242.22 on Wednesday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $168.49 and a 1 year high of $240.99. The company has a market cap of $17.68 billion, a P/E ratio of 28.67 and a beta of 1.02. The stock’s fifty day moving average price is $253.20 and its 200-day moving average price is $242.22.

iShares MSCI USA Momentum Factor ETF 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.