iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Fingerlakes Wealth Management Inc.

Fingerlakes Wealth Management Inc. reduced its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,107 shares of the company’s stock after selling 46 shares during the period. Fingerlakes Wealth Management Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $436,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Fortitude Family Office LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% in the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after buying an additional 113 shares in the last quarter. Signaturefd LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after acquiring an additional 155 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its holdings in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th 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 in the last quarter. Capital Performance Advisors LLP acquired a new position in iShares MSCI USA Momentum Factor ETF during the third quarter worth about $43,000. Finally, AdvisorNet Financial Inc lifted its holdings in shares of 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 purchasing an additional 74 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM stock opened at $229.08 on Thursday. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The firm has a market capitalization of $12.40 billion, a PE ratio of 18.53 and a beta of 1.10. The company’s 50 day simple moving average is $216.18 and its 200-day simple moving average is $207.29.

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.