iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Richardson Financial Services Inc.

Richardson Financial Services Inc. reduced its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 23.4% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 354 shares of the company’s stock after selling 108 shares during the period. Richardson Financial Services Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $69,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in MTUM. Blair William & Co. IL raised its position in iShares MSCI USA Momentum Factor ETF by 1.9% in the 2nd quarter. Blair William & Co. IL now owns 8,068 shares of the company’s stock valued at $1,572,000 after purchasing an additional 149 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in iShares MSCI USA Momentum Factor ETF by 2.9% in the second quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock valued at $1,463,815,000 after purchasing an additional 213,637 shares during the period. Thoroughbred Financial Services LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.4% in the second quarter. Thoroughbred Financial Services LLC now owns 6,518 shares of the company’s stock valued at $1,270,000 after buying an additional 151 shares during the last quarter. SYM FINANCIAL Corp acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the second quarter worth about $203,000. Finally, New England Private Wealth Advisors LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1.4% during the second quarter. New England Private Wealth Advisors LLC now owns 9,757 shares of the company’s stock worth $1,901,000 after buying an additional 136 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 1.9 %

Shares of MTUM stock opened at $200.38 on Friday. The stock’s 50-day moving average price is $191.72 and its 200 day moving average price is $189.19. The stock has a market capitalization of $10.85 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week 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.