IAG Wealth Partners LLC Sells 327 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

IAG Wealth Partners LLC trimmed its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 13.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,180 shares of the company’s stock after selling 327 shares during the quarter. IAG Wealth Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $451,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Duncker Streett & Co. Inc. bought a new stake in iShares MSCI USA Momentum Factor ETF in the fourth quarter worth approximately $25,000. Mainstream Capital Management LLC bought a new stake in iShares MSCI USA Momentum Factor ETF in the fourth quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. grew its position 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 worth $41,000 after acquiring an additional 188 shares in the last quarter. AdvisorNet Financial Inc grew its position 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 worth $45,000 after acquiring an additional 74 shares in the last quarter. Finally, Realta Investment Advisors acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter worth $49,000.

iShares MSCI USA Momentum Factor ETF Trading Down 4.3 %

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $199.96 on Thursday. The firm has a fifty day simple moving average of $216.34 and a 200-day simple moving average of $209.60. iShares MSCI USA Momentum Factor ETF has a 1-year low of $168.49 and a 1-year high of $229.77. The stock has a market capitalization of $14.35 billion, a price-to-earnings ratio of 28.87 and a beta of 0.98.

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.