Perissos Private Wealth Management LLC Reduces Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Perissos Private Wealth Management LLC lessened its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,723 shares of the company’s stock after selling 90 shares during the quarter. Perissos Private Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $564,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Gries Financial LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1.6% in the fourth quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock valued at $634,000 after purchasing an additional 48 shares during the period. LongView Wealth Management raised its holdings in iShares MSCI USA Momentum Factor ETF by 2.0% in the fourth quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock valued at $565,000 after acquiring an additional 54 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 5.8% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock valued at $224,000 after acquiring an additional 59 shares during the last quarter. MinichMacGregor Wealth Management LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 3.9% during the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 1,676 shares of the company’s stock valued at $340,000 after acquiring an additional 63 shares during the last quarter. Finally, GDS Wealth Management grew its holdings in iShares MSCI USA Momentum Factor ETF by 3.2% during the 3rd quarter. GDS Wealth Management now owns 2,099 shares of the company’s stock worth $426,000 after acquiring an additional 65 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $225.91 on Wednesday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The firm’s 50-day simple moving average is $214.37 and its 200-day simple moving average is $205.39. The firm has a market cap of $12.23 billion, a PE ratio of 18.53 and a beta of 1.10.

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.