ONE Advisory Partners LLC reduced its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 31.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,987 shares of the company’s stock after selling 11,360 shares during the period. iShares MSCI USA Momentum Factor ETF makes up about 2.3% of ONE Advisory Partners LLC’s investment portfolio, making the stock its 11th biggest position. ONE Advisory Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $8,566,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of MTUM. Corient Private Wealth LLC increased its position in iShares MSCI USA Momentum Factor ETF by 185.9% during the fourth quarter. Corient Private Wealth LLC now owns 2,048,917 shares of the company’s stock valued at $512,864,000 after acquiring an additional 1,332,181 shares during the last quarter. LPL Financial LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 24.7% in the fourth quarter. LPL Financial LLC now owns 3,291,857 shares of the company’s stock worth $823,985,000 after purchasing an additional 652,414 shares during the last quarter. JPMorgan Chase & Co. boosted its position in iShares MSCI USA Momentum Factor ETF by 32.2% in the fourth quarter. JPMorgan Chase & Co. now owns 1,151,084 shares of the company’s stock worth $288,128,000 after purchasing an additional 280,192 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 55.3% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 721,042 shares of the company’s stock valued at $180,484,000 after purchasing an additional 256,639 shares during the period. Finally, CWM LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 25.3% during the 4th quarter. CWM LLC now owns 1,141,425 shares of the company’s stock valued at $285,710,000 after purchasing an additional 230,310 shares during the period.
iShares MSCI USA Momentum Factor ETF Stock Up 2.1%
BATS MTUM opened at $314.73 on Thursday. iShares MSCI USA Momentum Factor ETF has a 52 week low of $229.42 and a 52 week high of $345.59. The firm has a market capitalization of $22.98 billion, a P/E ratio of 28.67 and a beta of 1.02. The company has a 50-day moving average price of $316.52 and a 200-day moving average price of $284.65.
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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