iShares MSCI USA Momentum Factor ETF $MTUM Shares Sold by Forefront Analytics LLC

Forefront Analytics LLC decreased its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 52.2% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 24,234 shares of the company’s stock after selling 26,412 shares during the period. iShares MSCI USA Momentum Factor ETF accounts for approximately 5.3% of Forefront Analytics LLC’s portfolio, making the stock its 8th largest holding. Forefront Analytics LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $5,816,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Beacon Financial Advisory LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 2.5% in the 1st quarter. Beacon Financial Advisory LLC now owns 1,504 shares of the company’s stock worth $361,000 after acquiring an additional 36 shares during the period. Caliber Wealth Management LLC KS lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 0.4% during the 4th quarter. Caliber Wealth Management LLC KS now owns 9,680 shares of the company’s stock worth $2,423,000 after purchasing an additional 39 shares during the period. Traction Financial Partners LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.4% during the fourth quarter. Traction Financial Partners LLC now owns 1,206 shares of the company’s stock worth $302,000 after purchasing an additional 40 shares during the last quarter. Clark Capital Management Group Inc. boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4.3% during the fourth quarter. Clark Capital Management Group Inc. now owns 994 shares of the company’s stock worth $249,000 after purchasing an additional 41 shares during the last quarter. Finally, Lunt Capital Management Inc. grew its position in shares of iShares MSCI USA Momentum Factor ETF by 3.0% in the fourth quarter. Lunt Capital Management Inc. now owns 1,500 shares of the company’s stock valued at $375,000 after purchasing an additional 43 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Down 0.1%

iShares MSCI USA Momentum Factor ETF stock opened at $314.24 on Thursday. The firm has a market capitalization of $22.94 billion, a P/E ratio of 28.67 and a beta of 1.02. The stock has a fifty day moving average price of $317.77 and a 200 day moving average price of $279.54. iShares MSCI USA Momentum Factor ETF has a 52 week low of $229.42 and a 52 week high of $345.59.

iShares MSCI USA Momentum Factor ETF Company 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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.