HBW Advisory Services LLC Sells 60 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

HBW Advisory Services LLC lessened its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.6% in the 4th quarter, Holdings Channel reports. The firm owned 2,213 shares of the company’s stock after selling 60 shares during the period. HBW Advisory Services LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $458,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV increased its position in shares of iShares MSCI USA Momentum Factor ETF by 2.9% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock valued at $1,463,815,000 after buying an additional 213,637 shares in the last quarter. Assetmark Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4.5% in the third quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock worth $343,269,000 after acquiring an additional 72,891 shares in the last quarter. Cerity Partners LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 2.5% during the third quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock worth $217,745,000 after purchasing an additional 26,235 shares during the period. FMR LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 12.2% during the 3rd quarter. FMR LLC now owns 674,367 shares of the company’s stock valued at $136,735,000 after purchasing an additional 73,442 shares in the last quarter. Finally, LPL Financial LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 2.0% during the 3rd quarter. LPL Financial LLC now owns 619,786 shares of the company’s stock worth $125,668,000 after purchasing an additional 11,968 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM opened at $206.90 on Friday. The firm has a market cap of $11.20 billion, a P/E ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The firm’s 50 day moving average price is $211.56 and its two-hundred day moving average price is $201.96.

About iShares MSCI USA Momentum Factor ETF

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.