Guerra Pan Advisors LLC Has $3.69 Million Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Guerra Pan Advisors LLC reduced its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 0.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,180 shares of the company’s stock after selling 59 shares during the period. iShares MSCI USA Momentum Factor ETF makes up 2.9% of Guerra Pan Advisors LLC’s portfolio, making the stock its 8th largest holding. Guerra Pan Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,686,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Fortitude Family Office LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% during the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after acquiring an additional 113 shares during the last quarter. Signaturefd LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after purchasing an additional 155 shares in the last quarter. Abich Financial Wealth Management LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF during the second quarter valued at $33,000. Capital Performance Advisors LLP bought a new position in iShares MSCI USA Momentum Factor ETF during the third quarter valued at $43,000. Finally, Wellington Shields & Co. LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter worth $42,000.

iShares MSCI USA Momentum Factor ETF Trading Up 1.6 %

Shares of BATS MTUM opened at $213.84 on Friday. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60. The firm’s 50-day moving average price is $202.10 and its 200-day moving average price is $194.40. The stock has a market capitalization of $11.58 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

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.