iShares MSCI USA Momentum Factor ETF $MTUM Shares Sold by Dakota Wealth Management

Dakota Wealth Management trimmed its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,054 shares of the company’s stock after selling 98 shares during the quarter. Dakota Wealth Management’s holdings in iShares MSCI USA Momentum Factor ETF were worth $734,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Teamwork Financial Advisors LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.6% during the 2nd quarter. Teamwork Financial Advisors LLC now owns 1,709 shares of the company’s stock worth $411,000 after purchasing an additional 44 shares during the last quarter. Trust Co. of Vermont grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 13.9% during the first quarter. Trust Co. of Vermont now owns 411 shares of the company’s stock worth $83,000 after purchasing an additional 50 shares in the last quarter. Flagstar Advisors Inc. boosted its holdings in iShares MSCI USA Momentum Factor ETF by 1.5% in the first quarter. Flagstar Advisors Inc. now owns 3,526 shares of the company’s stock valued at $713,000 after purchasing an additional 51 shares in the last quarter. CENTRAL TRUST Co increased its position in shares of iShares MSCI USA Momentum Factor ETF by 10.4% during the first quarter. CENTRAL TRUST Co now owns 572 shares of the company’s stock worth $116,000 after purchasing an additional 54 shares in the last quarter. Finally, Private Advisory Group LLC grew its position in iShares MSCI USA Momentum Factor ETF by 1.3% during the 1st quarter. Private Advisory Group LLC now owns 4,530 shares of the company’s stock worth $916,000 after purchasing an additional 57 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 21.8%

BATS MTUM opened at $254.65 on Friday. iShares MSCI USA Momentum Factor ETF has a 52-week low of $168.49 and a 52-week high of $240.99. The firm has a 50-day moving average price of $246.25 and a 200 day moving average price of $227.76. The stock has a market capitalization of $18.59 billion, a P/E ratio of 28.67 and a beta of 1.02.

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.