Fisher Asset Management LLC Sells 1,143 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Fisher Asset Management LLC decreased its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 49.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,172 shares of the company’s stock after selling 1,143 shares during the quarter. Fisher Asset Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $238,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fortitude Family Office LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 1,255.6% during the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after purchasing an additional 113 shares during the period. Abich Financial Wealth Management LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter worth $33,000. Signaturefd LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after buying an additional 155 shares during the last quarter. Capital Performance Advisors LLP bought a new position in iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth $43,000. Finally, Ashton Thomas Private Wealth LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the 2nd quarter worth $48,000.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM stock opened at $216.52 on Monday. The stock has a market capitalization of $11.72 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The company has a 50-day moving average of $207.70 and a two-hundred day moving average of $197.81. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60.

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.