Cyndeo Wealth Partners LLC Has $622,000 Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

Cyndeo Wealth Partners LLC lowered its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,588 shares of the company’s stock after selling 88 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $622,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Vantage Point Financial LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 2.2% during the second quarter. Vantage Point Financial LLC now owns 2,368 shares of the company’s stock valued at $569,000 after purchasing an additional 51 shares during the period. Blair William & Co. IL grew its holdings in iShares MSCI USA Momentum Factor ETF by 8.6% during the second quarter. Blair William & Co. IL now owns 7,495 shares of the company’s stock valued at $1,801,000 after purchasing an additional 594 shares during the period. US Bancorp DE grew its holdings in iShares MSCI USA Momentum Factor ETF by 0.6% during the second quarter. US Bancorp DE now owns 76,015 shares of the company’s stock valued at $18,268,000 after purchasing an additional 483 shares during the period. Columbia Advisory Partners LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 16.5% during the second quarter. Columbia Advisory Partners LLC now owns 15,882 shares of the company’s stock valued at $3,817,000 after purchasing an additional 2,251 shares during the period. Finally, RiverTree Advisors LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the second quarter valued at approximately $824,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of BATS MTUM opened at $250.07 on Friday. The stock has a market cap of $18.26 billion, a P/E ratio of 28.67 and a beta of 1.02. The firm has a 50 day moving average price of $249.19 and a 200 day moving average price of $231.22. iShares MSCI USA Momentum Factor ETF has a 52-week low of $168.49 and a 52-week high of $240.99.

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.