Clear Creek Financial Management LLC Lowers Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Clear Creek Financial Management LLC lessened its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 16.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,074 shares of the company’s stock after selling 1,158 shares during the period. Clear Creek Financial Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,231,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MTUM. Signaturefd LLC grew its position in shares of 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 worth $33,000 after buying an additional 155 shares in the last quarter. QRG Capital Management Inc. purchased a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at about $329,000. Blair William & Co. IL raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 7.8% in the 1st quarter. Blair William & Co. IL now owns 7,919 shares of the company’s stock valued at $1,484,000 after purchasing an additional 571 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 642.4% in the 1st quarter. BNP Paribas Financial Markets now owns 7,164 shares of the company’s stock worth $1,342,000 after purchasing an additional 6,199 shares during the period. Finally, Benjamin F. Edwards & Company Inc. boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 407.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,060 shares of the company’s stock valued at $791,000 after purchasing an additional 3,260 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Down 0.4 %

Shares of MTUM stock opened at $201.70 on Monday. The company’s 50 day moving average is $200.89 and its 200 day moving average is $193.41. The firm has a market cap of $10.92 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60.

About iShares MSCI USA Momentum Factor ETF

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.