Journey Advisory Group LLC Sells 1,223 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Journey Advisory Group LLC trimmed its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.4% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 84,208 shares of the company’s stock after selling 1,223 shares during the quarter. iShares MSCI USA Momentum Factor ETF comprises about 2.0% of Journey Advisory Group LLC’s portfolio, making the stock its 11th biggest holding. Journey Advisory Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $16,410,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Fortitude Family Office LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 1,255.6% during the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after buying an additional 113 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter worth approximately $33,000. Signaturefd LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after acquiring an additional 155 shares in the last quarter. Wellington Shields & Co. LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the first quarter valued at approximately $42,000. Finally, Capital Performance Advisors LLP acquired a new position in iShares MSCI USA Momentum Factor ETF during the third quarter valued at approximately $43,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM stock opened at $214.91 on Friday. 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 stock’s fifty day moving average price is $206.00 and its two-hundred day moving average price is $196.56. The company has a market cap of $11.64 billion, a PE 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.