Lee Financial Co Has $1.34 Million Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Lee Financial Co cut its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUMFree Report) by 47.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 8,563 shares of the company’s stock after selling 7,737 shares during the quarter. Lee Financial Co’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,343,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of MTUM. Baker Avenue Asset Management LP raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 46.8% during 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 period. Sound Income Strategies LLC lifted 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 valued at $39,000 after purchasing an additional 183 shares in the last quarter. Provence Wealth Management Group acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the third quarter worth about $54,000. Signature Resources Capital Management LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter worth about $74,000. Finally, O Shaughnessy Asset Management LLC raised its position in iShares MSCI USA Momentum Factor ETF by 83.4% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 576 shares of the company’s stock valued at $80,000 after buying an additional 262 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

BATS:MTUM traded down $0.17 during trading hours on Friday, reaching $187.40. 397,565 shares of the stock were exchanged. The stock has a market cap of $10.15 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The firm has a 50 day moving average of $183.66 and a 200 day moving average of $169.03.

iShares MSCI USA Momentum Factor ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

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