iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Apella Capital LLC

Apella Capital LLC lowered its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 17.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 266,979 shares of the company’s stock after selling 58,105 shares during the period. iShares MSCI USA Momentum Factor ETF comprises about 2.1% of Apella Capital LLC’s holdings, making the stock its 12th largest position. Apella Capital LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $55,243,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in MTUM. MinichMacGregor Wealth Management LLC grew its position in iShares MSCI USA Momentum Factor ETF by 3.9% during the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 1,676 shares of the company’s stock worth $340,000 after purchasing an additional 63 shares during the last quarter. GDS Wealth Management grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.2% during the third quarter. GDS Wealth Management now owns 2,099 shares of the company’s stock worth $426,000 after buying an additional 65 shares during the last quarter. Tyche Wealth Partners LLC increased its position in iShares MSCI USA Momentum Factor ETF by 2.7% in the 3rd quarter. Tyche Wealth Partners LLC now owns 2,533 shares of the company’s stock valued at $514,000 after acquiring an additional 66 shares during the period. Signature Estate & Investment Advisors LLC increased its position in iShares MSCI USA Momentum Factor ETF by 0.6% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 11,140 shares of the company’s stock valued at $2,259,000 after acquiring an additional 66 shares during the period. Finally, AdvisorNet Financial Inc raised its stake in iShares MSCI USA Momentum Factor ETF by 51.4% during the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after acquiring an additional 74 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 1.0 %

Shares of MTUM stock opened at $208.99 on Wednesday. The company has a market capitalization of $11.32 billion, a P/E ratio of 18.53 and a beta of 1.10. The business’s 50 day moving average is $211.70 and its two-hundred day moving average is $202.24. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month 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.