Marshall Financial Group Inc. ADV Decreases Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Marshall Financial Group Inc. ADV lowered its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 9.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,465 shares of the company’s stock after selling 791 shares during the period. iShares MSCI USA Momentum Factor ETF makes up approximately 0.5% of Marshall Financial Group Inc. ADV’s holdings, making the stock its 29th largest holding. Marshall Financial Group Inc. ADV’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,514,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Fortitude Family Office LLC increased its holdings 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 worth $25,000 after buying an additional 113 shares during the period. Abich Financial Wealth Management LLC purchased a new position in iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at about $33,000. Signaturefd LLC increased its holdings in 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 valued at $33,000 after purchasing an additional 155 shares during the period. Wellington Shields & Co. LLC purchased a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at about $42,000. Finally, Capital Performance Advisors LLP purchased a new position in iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at about $43,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM opened at $213.84 on Monday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The company has a market cap of $11.58 billion, a PE ratio of 18.53 and a beta of 1.10. The stock’s 50-day moving average is $202.10 and its 200 day moving average is $194.40.

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.