ACT Advisors LLC. Has $1.39 Million Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

ACT Advisors LLC. cut its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,733 shares of the company’s stock after selling 65 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up approximately 0.7% of ACT Advisors LLC.’s portfolio, making the stock its 17th biggest position. ACT Advisors LLC.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,393,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MTUM. MinichMacGregor Wealth Management LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.9% in the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 1,676 shares of the company’s stock valued at $340,000 after purchasing an additional 63 shares during the period. GDS Wealth Management raised its stake in iShares MSCI USA Momentum Factor ETF by 3.2% during the 3rd quarter. GDS Wealth Management now owns 2,099 shares of the company’s stock worth $426,000 after buying an additional 65 shares during the period. Tyche Wealth Partners LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 2.7% during the 3rd quarter. Tyche Wealth Partners LLC now owns 2,533 shares of the company’s stock worth $514,000 after buying an additional 66 shares during the period. Signature Estate & Investment Advisors LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 0.6% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 11,140 shares of the company’s stock worth $2,259,000 after buying an additional 66 shares during the period. Finally, Eagle Strategies LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 2.6% during the 3rd quarter. Eagle Strategies LLC now owns 3,024 shares of the company’s stock worth $613,000 after buying an additional 77 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Down 1.4 %

MTUM stock traded down $2.88 during trading on Monday, reaching $206.90. 1,026,117 shares of the stock were exchanged. The firm’s 50 day moving average is $211.56 and its 200 day moving average is $202.07. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The firm has a market cap of $11.20 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.