Southland Equity Partners LLC Sells 322 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Southland Equity Partners LLC decreased its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,715 shares of the company’s stock after selling 322 shares during the quarter. iShares MSCI USA Momentum Factor ETF comprises approximately 0.8% of Southland Equity Partners LLC’s portfolio, making the stock its 26th biggest holding. Southland Equity Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,581,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of MTUM. High Probability Advisors LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 3.2% during the 1st quarter. High Probability Advisors LLC now owns 296,479 shares of the company’s stock valued at $59,927,000 after purchasing an additional 9,317 shares in the last quarter. Twin Peaks Wealth Advisors LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 18.6% during the 1st quarter. Twin Peaks Wealth Advisors LLC now owns 7,332 shares of the company’s stock valued at $1,458,000 after purchasing an additional 1,151 shares in the last quarter. Sanchez Wealth Management Group grew its position in shares of iShares MSCI USA Momentum Factor ETF by 8.4% during the 1st quarter. Sanchez Wealth Management Group now owns 107,752 shares of the company’s stock valued at $21,780,000 after purchasing an additional 8,304 shares in the last quarter. NorthCrest Asset Manangement LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at $5,293,000. Finally, Kelly Financial Services LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 6.3% during the 1st quarter. Kelly Financial Services LLC now owns 23,544 shares of the company’s stock valued at $4,759,000 after purchasing an additional 1,385 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM opened at $229.98 on Friday. The company has a fifty day moving average price of $216.76 and a 200-day moving average price of $213.69. The firm has a market capitalization of $16.86 billion, a P/E ratio of 28.96 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a one year low of $168.49 and a one year high of $234.78.

About iShares MSCI USA Momentum Factor ETF

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.