iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Fermata Advisors LLC

Fermata Advisors LLC decreased its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 25.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 8,350 shares of the company’s stock after selling 2,846 shares during the period. Fermata Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,728,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Fortitude Family Office LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% in the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after buying an additional 113 shares during the period. Abich Financial Wealth Management LLC purchased a new position in iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth approximately $33,000. Signaturefd LLC grew its position in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after acquiring an additional 155 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after purchasing an additional 188 shares during the period. Finally, Capital Performance Advisors LLP purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the third quarter valued at approximately $43,000.

iShares MSCI USA Momentum Factor ETF Trading Up 2.6 %

Shares of MTUM stock opened at $214.48 on Friday. The firm has a fifty day simple moving average of $211.78 and a 200-day simple moving average of $202.37. The company has a market capitalization of $11.61 billion, a PE 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.

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.