AE Wealth Management LLC Sells 82,775 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

AE Wealth Management LLC lowered its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 68.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 38,817 shares of the company’s stock after selling 82,775 shares during the quarter. AE Wealth Management LLC owned about 0.07% of iShares MSCI USA Momentum Factor ETF worth $7,564,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Mercer Global Advisors Inc. ADV increased its holdings in shares of 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 in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.3% in the 4th quarter. Envestnet Asset Management Inc. now owns 7,143,076 shares of the company’s stock valued at $1,120,677,000 after buying an additional 229,231 shares during the period. Blue Trust Inc. increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 20.1% in the 1st quarter. Blue Trust Inc. now owns 1,239,696 shares of the company’s stock valued at $232,257,000 after buying an additional 207,306 shares during the period. Symmetry Partners LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 62.7% during the second quarter. Symmetry Partners LLC now owns 541,276 shares of the company’s stock worth $105,479,000 after acquiring an additional 208,691 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 12.2% during the fourth quarter. Wells Fargo & Company MN now owns 439,654 shares of the company’s stock valued at $68,977,000 after acquiring an additional 47,792 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Up 0.6 %

Shares of MTUM stock opened at $201.57 on Friday. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The firm has a market cap of $10.92 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The stock has a 50-day moving average price of $191.76 and a 200 day moving average price of $189.32.

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.