U.S. Capital Wealth Advisors LLC Decreases Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

U.S. Capital Wealth Advisors LLC lessened its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 17.9% in the 4th quarter, Holdings Channel reports. The firm owned 9,520 shares of the company’s stock after selling 2,076 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,383,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Bison Wealth LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 4.4% in the fourth quarter. Bison Wealth LLC now owns 3,148 shares of the company’s stock worth $651,000 after acquiring an additional 133 shares during the last quarter. Empowered Funds LLC purchased a new position in iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at $2,488,000. Russell Investments Group Ltd. lifted its holdings in iShares MSCI USA Momentum Factor ETF by 15.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 973 shares of the company’s stock valued at $234,000 after purchasing an additional 128 shares in the last quarter. First Trust Advisors LP acquired a new stake in iShares MSCI USA Momentum Factor ETF during the 2nd quarter worth $350,000. Finally, Qube Research & Technologies Ltd boosted its stake in iShares MSCI USA Momentum Factor ETF by 543.9% during the 2nd quarter. Qube Research & Technologies Ltd now owns 127,461 shares of the company’s stock worth $30,631,000 after purchasing an additional 107,665 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 0.9%

iShares MSCI USA Momentum Factor ETF stock opened at $268.40 on Tuesday. iShares MSCI USA Momentum Factor ETF has a 52-week low of $187.70 and a 52-week high of $268.40. The firm has a market capitalization of $19.59 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. The company has a fifty day simple moving average of $249.40 and a 200-day simple moving average of $251.48.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.