Western Wealth Management LLC Decreases Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Western Wealth Management LLC cut its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 5.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,098 shares of the company’s stock after selling 637 shares during the quarter. Western Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,898,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL purchased a new stake in iShares MSCI USA Momentum Factor ETF during the first quarter worth $31,000. Fortis Capital Advisors LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 44.9% during the first quarter. Fortis Capital Advisors LLC now owns 271 shares of the company’s stock worth $38,000 after purchasing an additional 84 shares in the last quarter. Baker Avenue Asset Management LP raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 46.8% in the third quarter. Baker Avenue Asset Management LP now owns 279 shares of the company’s stock worth $39,000 after acquiring an additional 89 shares during the last quarter. Sound Income Strategies LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 281.5% in the fourth quarter. Sound Income Strategies LLC now owns 248 shares of the company’s stock worth $39,000 after acquiring an additional 183 shares during the last quarter. Finally, BluePath Capital Management LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the third quarter worth $41,000.

iShares MSCI USA Momentum Factor ETF Trading Down 0.6 %

Shares of BATS MTUM traded down $1.10 during trading on Friday, reaching $178.12. The company had a trading volume of 948,146 shares. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The stock has a market capitalization of $9.78 billion, a PE ratio of 19.19 and a beta of 1.10. The stock has a 50-day moving average price of $183.48 and a two-hundred day moving average price of $162.96.

iShares MSCI USA Momentum Factor ETF Company 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.