Cowa LLC Trims Stock Position in iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM)

Cowa LLC lessened its position in shares of iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM) by 78.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 934 shares of the company’s stock after selling 3,371 shares during the quarter. Cowa LLC’s holdings in iShares Edge MSCI USA Momentum Factor ETF were worth $159,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Bay Harbor Wealth Management LLC purchased a new stake in shares of iShares Edge MSCI USA Momentum Factor ETF during the 1st quarter valued at approximately $1,653,000. Security National Trust Co. purchased a new stake in shares of iShares Edge MSCI USA Momentum Factor ETF during the 1st quarter valued at approximately $48,000. Grant Street Asset Management Inc. purchased a new stake in shares of iShares Edge MSCI USA Momentum Factor ETF during the 1st quarter valued at approximately $89,000. Kovack Advisors Inc. raised its position in shares of iShares Edge MSCI USA Momentum Factor ETF by 20.4% during the 1st quarter. Kovack Advisors Inc. now owns 4,402 shares of the company’s stock valued at $708,000 after buying an additional 747 shares during the period. Finally, Vicus Capital raised its position in shares of iShares Edge MSCI USA Momentum Factor ETF by 10.8% during the 1st quarter. Vicus Capital now owns 35,769 shares of the company’s stock valued at $5,754,000 after buying an additional 3,499 shares during the period.

Shares of BATS MTUM opened at $163.92 on Monday. iShares Edge MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The business’s 50 day moving average is $168.19 and its two-hundred day moving average is $162.78.

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Institutional Ownership by Quarter for iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM)

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