Stephens Consulting LLC Sells 75 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Stephens Consulting LLC lessened its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 7.7% in the first quarter, HoldingsChannel reports. The fund owned 894 shares of the company’s stock after selling 75 shares during the period. Stephens Consulting LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $167,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Able Wealth Management LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at $28,000. GAMMA Investing LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the first quarter valued at about $29,000. Baker Avenue Asset Management LP lifted its position in iShares MSCI USA Momentum Factor ETF by 46.8% during the third quarter. Baker Avenue Asset Management LP now owns 279 shares of the company’s stock worth $39,000 after purchasing an additional 89 shares during the period. Sound Income Strategies LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 281.5% during the fourth quarter. Sound Income Strategies LLC now owns 248 shares of the company’s stock worth $39,000 after buying an additional 183 shares in the last quarter. Finally, Richardson Financial Services Inc. bought a new position in iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at about $56,000.

iShares MSCI USA Momentum Factor ETF Stock Down 0.1 %

Shares of BATS:MTUM traded down $0.19 during midday trading on Friday, hitting $194.87. The stock had a trading volume of 550,589 shares. The company’s 50-day moving average price is $187.75 and its 200-day moving average price is $178.33. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60. The company has a market capitalization of $10.55 billion, a P/E ratio of 18.53 and a beta of 1.10.

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.