iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by PFG Advisors

PFG Advisors decreased its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,141 shares of the company’s stock after selling 192 shares during the quarter. PFG Advisors’ holdings in iShares MSCI USA Momentum Factor ETF were worth $1,064,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Duncker Streett & Co. Inc. acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $25,000. Mainstream Capital Management LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in iShares MSCI USA Momentum Factor ETF by 1,880.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after acquiring an additional 188 shares during the last quarter. AdvisorNet Financial Inc boosted its holdings in iShares MSCI USA Momentum Factor ETF by 51.4% in the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after acquiring an additional 74 shares during the last quarter. Finally, Realta Investment Advisors acquired a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at $49,000.

iShares MSCI USA Momentum Factor ETF Trading Down 6.0 %

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $196.40 on Friday. iShares MSCI USA Momentum Factor ETF has a twelve month low of $168.49 and a twelve month high of $229.77. The stock has a market capitalization of $14.09 billion, a P/E ratio of 28.87 and a beta of 0.98. The business’s fifty day moving average price is $216.13 and its 200 day moving average price is $209.51.

About iShares MSCI USA Momentum Factor ETF

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.