iShares MSCI USA Momentum Factor ETF $MTUM Stock Holdings Reduced by AE Wealth Management LLC

AE Wealth Management LLC reduced its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 4.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 91,595 shares of the company’s stock after selling 4,281 shares during the period. AE Wealth Management LLC owned about 0.13% of iShares MSCI USA Momentum Factor ETF worth $23,489,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. TFC Financial Management Inc. bought a new position in iShares MSCI USA Momentum Factor ETF during the third quarter valued at approximately $28,000. WFA of San Diego LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at $46,000. GAMMA Investing LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 45.0% in the 2nd quarter. GAMMA Investing LLC now owns 216 shares of the company’s stock valued at $52,000 after purchasing an additional 67 shares during the last quarter. Hilltop National Bank acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at $55,000. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in iShares MSCI USA Momentum Factor ETF by 397.8% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 224 shares of the company’s stock worth $57,000 after purchasing an additional 179 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

BATS MTUM opened at $261.18 on Friday. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $168.49 and a fifty-two week high of $240.99. The stock’s 50-day moving average is $252.86 and its two-hundred day moving average is $249.84. The firm has a market cap of $19.07 billion, a P/E ratio of 28.67 and a beta of 1.02.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.