Great Oak Capital Partners LLC Sells 5,128 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Great Oak Capital Partners LLC cut its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 28.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,887 shares of the company’s stock after selling 5,128 shares during the quarter. iShares MSCI USA Momentum Factor ETF comprises 0.9% of Great Oak Capital Partners LLC’s investment portfolio, making the stock its 15th biggest position. Great Oak Capital Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,626,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Arizona PSPRS Trust purchased a new stake in iShares MSCI USA Momentum Factor ETF in the second quarter valued at approximately $69,276,000. 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 acquiring an additional 213,637 shares during the last quarter. Symmetry Partners LLC raised its position in 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 valued at $105,479,000 after purchasing an additional 208,691 shares in the last quarter. Blue Trust Inc. lifted its stake in iShares MSCI USA Momentum Factor ETF by 20.1% during 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. Finally, Foster Group Inc. boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 281.1% in the 2nd quarter. Foster Group Inc. now owns 277,940 shares of the company’s stock worth $54,162,000 after purchasing an additional 205,017 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 1.0 %

Shares of BATS MTUM traded up $2.01 during trading hours on Wednesday, reaching $204.31. 524,276 shares of the stock traded hands. The company’s 50-day simple moving average is $193.99 and its two-hundred day simple moving average is $190.65. The company has a market capitalization of $11.06 billion, a P/E 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 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.