iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Financial Engines Advisors L.L.C.

Financial Engines Advisors L.L.C. lessened its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.8% during the 4th quarter, Holdings Channel reports. The fund owned 4,092 shares of the company’s stock after selling 162 shares during the quarter. Financial Engines Advisors L.L.C.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $847,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of MTUM. Duncker Streett & Co. Inc. acquired a new stake in iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $25,000. Murphy & Mullick Capital Management Corp purchased a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth $30,000. Mainstream Capital Management LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in iShares MSCI USA Momentum Factor ETF by 1,880.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after buying an additional 188 shares during the period. Finally, AdvisorNet Financial Inc lifted its position in iShares MSCI USA Momentum Factor ETF by 51.4% in the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after buying an additional 74 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM opened at $204.86 on Friday. The firm has a 50-day simple moving average of $215.26 and a two-hundred day simple moving average of $210.32. The stock has a market cap of $14.08 billion, a PE ratio of 27.42 and a beta of 0.99. iShares MSCI USA Momentum Factor ETF has a 1-year low of $168.49 and a 1-year high of $229.77.

iShares MSCI USA Momentum Factor ETF Company 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.