iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by CVA Family Office LLC

CVA Family Office LLC lowered its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 6.8% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,874 shares of the company’s stock after selling 1,237 shares during the quarter. CVA Family Office LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,411,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MTUM. Duncker Streett & Co. Inc. acquired a new stake in iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at approximately $25,000. Mascagni Wealth Management Inc. acquired a new stake in iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at approximately $29,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth approximately $30,000. Mainstream Capital Management LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth approximately $31,000. Finally, Sunbelt Securities Inc. raised its position in shares of iShares MSCI USA Momentum Factor ETF by 465.5% during the 4th quarter. Sunbelt Securities Inc. now owns 164 shares of the company’s stock worth $34,000 after purchasing an additional 135 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 10.0%

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $229.98 on Friday. The business’s 50 day simple moving average is $216.76 and its 200-day simple moving average is $213.69. The stock has a market capitalization of $16.86 billion, a price-to-earnings ratio of 28.96 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a twelve month low of $168.49 and a twelve month high of $234.78.

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.