iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Stock Holdings Lowered by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 24.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,345 shares of the company’s stock after selling 1,725 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares MSCI USA Momentum Factor ETF were worth $1,083,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. MinichMacGregor Wealth Management LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.9% in the third quarter. MinichMacGregor Wealth Management LLC now owns 1,676 shares of the company’s stock valued at $340,000 after purchasing an additional 63 shares during the period. GDS Wealth Management grew its holdings in iShares MSCI USA Momentum Factor ETF by 3.2% in the 3rd quarter. GDS Wealth Management now owns 2,099 shares of the company’s stock worth $426,000 after buying an additional 65 shares in the last quarter. Tyche Wealth Partners LLC increased its position in iShares MSCI USA Momentum Factor ETF by 2.7% in the 3rd quarter. Tyche Wealth Partners LLC now owns 2,533 shares of the company’s stock valued at $514,000 after acquiring an additional 66 shares during the period. Signature Estate & Investment Advisors LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 0.6% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 11,140 shares of the company’s stock valued at $2,259,000 after acquiring an additional 66 shares in the last quarter. Finally, Eagle Strategies LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 2.6% during the 3rd quarter. Eagle Strategies LLC now owns 3,024 shares of the company’s stock worth $613,000 after acquiring an additional 77 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS:MTUM opened at $216.52 on Monday. The stock has a market cap of $11.72 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The business has a fifty day moving average of $207.70 and a 200-day moving average of $197.81.

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.