Capital & Planning LLC decreased its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 6.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,447 shares of the company’s stock after selling 2,089 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up 5.0% of Capital & Planning LLC’s portfolio, making the stock its 14th biggest position. Capital & Planning LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $9,752,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Beacon Financial Advisory LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 2.5% in the 1st quarter. Beacon Financial Advisory LLC now owns 1,504 shares of the company’s stock worth $361,000 after acquiring an additional 36 shares during the last quarter. Clark Capital Management Group Inc. raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4.3% during the 4th quarter. Clark Capital Management Group Inc. now owns 994 shares of the company’s stock worth $249,000 after acquiring an additional 41 shares in the last quarter. Integrity Financial Corp WA boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 5.4% during the 4th quarter. Integrity Financial Corp WA now owns 843 shares of the company’s stock valued at $211,000 after acquiring an additional 43 shares during the last quarter. 1ST Source Bank boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 4.9% during the 1st quarter. 1ST Source Bank now owns 944 shares of the company’s stock valued at $227,000 after acquiring an additional 44 shares during the last quarter. Finally, Aegis Wealth Management Inc. grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4.4% in the first quarter. Aegis Wealth Management Inc. now owns 1,197 shares of the company’s stock valued at $287,000 after purchasing an additional 50 shares in the last quarter.
iShares MSCI USA Momentum Factor ETF Stock Performance
MTUM stock opened at $304.86 on Tuesday. The firm has a fifty day moving average price of $308.93 and a 200 day moving average price of $291.09. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $229.42 and a fifty-two week high of $345.59. The firm has a market cap of $22.25 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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.
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