iShares MSCI USA Momentum Factor ETF $MTUM Shares Sold by Quartz Partners LLC

Quartz Partners LLC lowered its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 60.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,352 shares of the company’s stock after selling 6,609 shares during the quarter. Quartz Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,044,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Mercer Global Advisors Inc. ADV boosted its holdings in iShares MSCI USA Momentum Factor ETF by 3.0% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,824,890 shares of the company’s stock worth $1,958,649,000 after buying an additional 229,850 shares in the last quarter. LPL Financial LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 24.7% in the fourth quarter. LPL Financial LLC now owns 3,291,857 shares of the company’s stock valued at $823,985,000 after buying an additional 652,414 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 5.0% during the 4th quarter. Raymond James Financial Inc. now owns 3,215,974 shares of the company’s stock valued at $804,990,000 after acquiring an additional 152,723 shares during the last quarter. Corient Private Wealth LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 185.9% during the 4th quarter. Corient Private Wealth LLC now owns 2,048,917 shares of the company’s stock valued at $512,864,000 after acquiring an additional 1,332,181 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.5% during the 4th quarter. Assetmark Inc. now owns 1,502,409 shares of the company’s stock worth $376,068,000 after acquiring an additional 37,278 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Down 3.0%

BATS:MTUM opened at $303.41 on Friday. The stock has a fifty day simple moving average of $317.44 and a 200 day simple moving average of $277.95. The firm has a market capitalization of $22.15 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 1-year low of $229.42 and a 1-year high of $345.59.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.