Mayflower Financial Advisors LLC decreased its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Get Rating) by 86.7% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,470 shares of the company’s stock after selling 9,609 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $204,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the stock. Syntal Capital Partners LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 23.6% during the 1st quarter. Syntal Capital Partners LLC now owns 31,899 shares of the company’s stock worth $5,367,000 after acquiring an additional 6,090 shares during the period. Stonebridge Capital Advisors LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 63.5% during the 1st quarter. Stonebridge Capital Advisors LLC now owns 1,192 shares of the company’s stock worth $201,000 after acquiring an additional 463 shares during the period. Eudaimonia Partners LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the 1st quarter worth approximately $689,000. Quantbot Technologies LP bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the 1st quarter worth approximately $329,000. Finally, Magnolia Capital Advisors LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.5% during the 3rd quarter. Magnolia Capital Advisors LLC now owns 10,648 shares of the company’s stock worth $1,397,000 after acquiring an additional 358 shares during the period.
iShares MSCI USA Momentum Factor ETF Price Performance
MTUM opened at $140.86 on Friday. The business has a fifty day simple moving average of $140.03 and a 200 day simple moving average of $141.68. The company has a market capitalization of $9.63 billion, a PE ratio of 19.35 and a beta of 0.91. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60.
iShares MSCI USA Momentum Factor ETF 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.
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