Shufro Rose & Co. LLC Has $3.04 Million Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Shufro Rose & Co. LLC cut its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,381 shares of the company’s stock after selling 614 shares during the period. Shufro Rose & Co. LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,041,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its position in iShares MSCI USA Momentum Factor ETF by 4.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 6,913,845 shares of the company’s stock valued at $965,864,000 after purchasing an additional 277,017 shares during the period. Mercer Global Advisors Inc. ADV raised its position in shares of iShares MSCI USA Momentum Factor ETF by 5.1% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 6,545,629 shares of the company’s stock valued at $914,424,000 after acquiring an additional 317,802 shares during the period. Assetmark Inc. raised its position in shares of iShares MSCI USA Momentum Factor ETF by 9.5% in the 3rd quarter. Assetmark Inc. now owns 1,584,283 shares of the company’s stock valued at $221,324,000 after acquiring an additional 137,311 shares during the period. CWM LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 9.3% in the 4th quarter. CWM LLC now owns 1,134,217 shares of the company’s stock valued at $177,947,000 after acquiring an additional 96,845 shares during the period. Finally, Savant Capital LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 11.1% in the 3rd quarter. Savant Capital LLC now owns 1,008,323 shares of the company’s stock valued at $140,863,000 after acquiring an additional 100,774 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 1.3 %

Shares of BATS:MTUM traded up $2.25 during mid-day trading on Friday, reaching $179.68. The stock had a trading volume of 421,929 shares. The firm has a market cap of $9.86 billion, a PE ratio of 19.19 and a beta of 1.10. The firm has a 50 day simple moving average of $183.42 and a two-hundred day simple moving average of $164.69. 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 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.