Avior Wealth Management LLC Decreases Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Avior Wealth Management LLC decreased its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 21.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,186 shares of the company’s stock after selling 3,410 shares during the period. Avior Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,912,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MTUM. Syntal Capital Partners LLC increased its stake in 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 valued at $5,367,000 after purchasing an additional 6,090 shares in the last quarter. Stonebridge Capital Advisors LLC increased its stake in 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 valued at $201,000 after purchasing an additional 463 shares in the last quarter. Eudaimonia Partners LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at approximately $689,000. Quantbot Technologies LP acquired a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at approximately $329,000. Finally, BNP Paribas Arbitrage SNC increased its stake in iShares MSCI USA Momentum Factor ETF by 1,202.4% during the 3rd quarter. BNP Paribas Arbitrage SNC now owns 534 shares of the company’s stock valued at $70,000 after purchasing an additional 493 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

BATS:MTUM opened at $181.68 on Wednesday. The firm has a market capitalization of $9.97 billion, a P/E ratio of 19.19 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60. The company’s fifty day moving average price is $183.36 and its 200-day moving average price is $162.74.

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.