Great Oak Capital Partners LLC Sells 24,924 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Great Oak Capital Partners LLC lessened its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 58.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 18,015 shares of the company’s stock after selling 24,924 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up 1.3% of Great Oak Capital Partners LLC’s holdings, making the stock its 12th biggest holding. Great Oak Capital Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,326,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Mercer Global Advisors Inc. ADV grew its stake 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 worth $1,463,815,000 after purchasing an additional 213,637 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,143,076 shares of the company’s stock worth $1,120,677,000 after purchasing an additional 229,231 shares during the last quarter. Blue Trust Inc. grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 20.1% in the first quarter. Blue Trust Inc. now owns 1,239,696 shares of the company’s stock worth $232,257,000 after purchasing an additional 207,306 shares during the last quarter. Symmetry Partners LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 62.7% in the second quarter. Symmetry Partners LLC now owns 541,276 shares of the company’s stock valued at $105,479,000 after buying an additional 208,691 shares during the period. Finally, Wells Fargo & Company MN lifted its holdings in iShares MSCI USA Momentum Factor ETF by 12.2% in the fourth quarter. Wells Fargo & Company MN now owns 439,654 shares of the company’s stock valued at $68,977,000 after buying an additional 47,792 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Up 0.6 %

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

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.