iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Larson Financial Group LLC

Larson Financial Group LLC reduced its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 4.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,428 shares of the company’s stock after selling 73 shares during the period. Larson Financial Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $289,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MTUM. Arizona PSPRS Trust purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at $69,276,000. Citigroup Inc. grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,266.9% during the 3rd quarter. Citigroup Inc. now owns 253,036 shares of the company’s stock valued at $51,305,000 after buying an additional 234,524 shares during the period. Mercer Global Advisors Inc. ADV boosted its position in iShares MSCI USA Momentum Factor ETF by 2.9% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock worth $1,463,815,000 after purchasing an additional 213,637 shares during the period. Symmetry Partners LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 62.7% during the 2nd quarter. Symmetry Partners LLC now owns 541,276 shares of the company’s stock worth $105,479,000 after purchasing an additional 208,691 shares during the period. Finally, Foster Group Inc. boosted its position in iShares MSCI USA Momentum Factor ETF by 281.1% during the 2nd quarter. Foster Group Inc. now owns 277,940 shares of the company’s stock worth $54,162,000 after purchasing an additional 205,017 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Down 0.5 %

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $215.25 on Thursday. The company has a fifty day moving average price of $207.10 and a 200 day moving average price of $197.31. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The stock has a market cap of $11.66 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

About iShares MSCI USA Momentum Factor ETF

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.