iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by CreativeOne Wealth LLC

CreativeOne Wealth LLC lessened its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 35.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,470 shares of the company’s stock after selling 802 shares during the period. CreativeOne Wealth LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $231,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in MTUM. Crestwood Advisors Group LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 4.2% during the 3rd quarter. Crestwood Advisors Group LLC now owns 11,222 shares of the company’s stock worth $1,568,000 after buying an additional 449 shares during the last quarter. Simplicity Solutions LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $572,000. J.W. Cole Advisors Inc. boosted its holdings in iShares MSCI USA Momentum Factor ETF by 3.1% in the fourth quarter. J.W. Cole Advisors Inc. now owns 10,592 shares of the company’s stock worth $1,662,000 after purchasing an additional 317 shares during the period. Brookstone Capital Management increased its stake in iShares MSCI USA Momentum Factor ETF by 10.3% during the fourth quarter. Brookstone Capital Management now owns 4,028 shares of the company’s stock valued at $632,000 after purchasing an additional 376 shares during the last quarter. Finally, MONECO Advisors LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $718,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

iShares MSCI USA Momentum Factor ETF stock opened at $190.59 on Friday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The firm’s 50-day moving average is $184.10 and its 200-day moving average is $170.87. The company has a market cap of $10.32 billion, a P/E ratio of 18.53 and a beta of 1.10.

iShares MSCI USA Momentum Factor ETF 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.