Insight Wealth Strategies LLC Sells 354 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Insight Wealth Strategies LLC cut its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 5.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 5,787 shares of the company’s stock after selling 354 shares during the period. Insight Wealth Strategies LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,198,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Arizona PSPRS Trust bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth $69,276,000. Citigroup Inc. increased its holdings in iShares MSCI USA Momentum Factor ETF by 1,266.9% in the 3rd quarter. Citigroup Inc. now owns 253,036 shares of the company’s stock worth $51,305,000 after buying an additional 234,524 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in iShares MSCI USA Momentum Factor ETF by 2.9% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock worth $1,463,815,000 after buying an additional 213,637 shares during the last quarter. Sanctuary Advisors LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 455.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 157,981 shares of the company’s stock valued at $33,952,000 after acquiring an additional 129,521 shares during the period. Finally, Liberty Wealth Management LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4,142.7% during the 2nd quarter. Liberty Wealth Management LLC now owns 123,888 shares of the company’s stock valued at $24,142,000 after acquiring an additional 120,968 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM traded up $3.28 during mid-day trading on Monday, hitting $211.26. 794,967 shares of the company traded hands. The stock has a market cap of $11.44 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The stock has a 50-day moving average price of $210.97 and a two-hundred day moving average price of $201.51. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60.

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.