Perigon Wealth Management LLC Sells 2,814 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Perigon Wealth Management LLC cut its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 24.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,577 shares of the company’s stock after selling 2,814 shares during the period. Perigon Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,147,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of MTUM. Caprock Group LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the third quarter worth $3,283,000. Acropolis Investment Management LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 4.5% in the 3rd quarter. Acropolis Investment Management LLC now owns 134,659 shares of the company’s stock worth $32,361,000 after purchasing an additional 5,813 shares during the period. Strategic Blueprint LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 18.9% in the 3rd quarter. Strategic Blueprint LLC now owns 30,074 shares of the company’s stock worth $7,713,000 after purchasing an additional 4,790 shares during the period. Braun Bostich & Associates Inc. increased its holdings in iShares MSCI USA Momentum Factor ETF by 63.4% during the 4th quarter. Braun Bostich & Associates Inc. now owns 11,497 shares of the company’s stock worth $2,878,000 after purchasing an additional 4,463 shares in the last quarter. Finally, Beacon Financial Group increased its holdings in iShares MSCI USA Momentum Factor ETF by 11.0% during the 3rd quarter. Beacon Financial Group now owns 22,212 shares of the company’s stock worth $5,696,000 after purchasing an additional 2,203 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $245.85 on Friday. The firm has a market cap of $17.95 billion, a PE ratio of 28.67 and a beta of 1.02. The business’s 50 day simple moving average is $249.49 and its 200 day simple moving average is $251.40. iShares MSCI USA Momentum Factor ETF has a 52-week low of $171.51 and a 52-week high of $262.10.

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.