Crestwood Advisors Group LLC Sells 160 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Crestwood Advisors Group LLC reduced its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,015 shares of the company’s stock after selling 160 shares during the period. Crestwood Advisors Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,828,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. United Advisor Group LLC increased its position in iShares MSCI USA Momentum Factor ETF by 141.4% in the 3rd quarter. United Advisor Group LLC now owns 3,423 shares of the company’s stock valued at $694,000 after acquiring an additional 2,005 shares in the last quarter. World Equity Group Inc. acquired a new stake in iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at about $294,000. QRG Capital Management Inc. increased its position in iShares MSCI USA Momentum Factor ETF by 37.4% in the 3rd quarter. QRG Capital Management Inc. now owns 5,488 shares of the company’s stock valued at $1,113,000 after acquiring an additional 1,495 shares in the last quarter. Lodestone Wealth Management LLC increased its position in iShares MSCI USA Momentum Factor ETF by 31.5% in the 3rd quarter. Lodestone Wealth Management LLC now owns 6,893 shares of the company’s stock valued at $1,398,000 after acquiring an additional 1,650 shares in the last quarter. Finally, Empire Life Investments Inc. increased its position in iShares MSCI USA Momentum Factor ETF by 4.4% in the 3rd quarter. Empire Life Investments Inc. now owns 9,400 shares of the company’s stock valued at $1,906,000 after acquiring an additional 400 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 1.7 %

MTUM opened at $204.74 on Wednesday. The stock has a market capitalization of $11.09 billion, a PE 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 firm has a 50-day moving average price of $201.17 and a two-hundred day moving average price of $193.80.

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.