Southland Equity Partners LLC Sells 192 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Southland Equity Partners LLC reduced its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,037 shares of the company’s stock after selling 192 shares during the period. iShares MSCI USA Momentum Factor ETF comprises approximately 0.9% of Southland Equity Partners LLC’s portfolio, making the stock its 26th biggest holding. Southland Equity Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,732,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Assetmark Inc. raised its position in iShares MSCI USA Momentum Factor ETF by 4.5% in the 3rd quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock worth $343,269,000 after purchasing an additional 72,891 shares during the period. Cerity Partners LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.5% in the third quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock worth $217,745,000 after buying an additional 26,235 shares during the period. FMR LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 12.2% in the 3rd quarter. FMR LLC now owns 674,367 shares of the company’s stock valued at $136,735,000 after acquiring an additional 73,442 shares during the last quarter. LPL Financial LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 2.0% during the 3rd quarter. LPL Financial LLC now owns 619,786 shares of the company’s stock valued at $125,668,000 after acquiring an additional 11,968 shares during the period. Finally, Park Avenue Securities LLC grew its position in iShares MSCI USA Momentum Factor ETF by 1,055.4% during the 4th quarter. Park Avenue Securities LLC now owns 507,294 shares of the company’s stock worth $104,969,000 after acquiring an additional 463,387 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $223.65 on Friday. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The business’s 50 day simple moving average is $212.29 and its two-hundred day simple moving average is $203.02. The stock has a market capitalization of $12.11 billion, a P/E ratio of 18.53 and a beta of 1.10.

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.