World Investment Advisors Has $2.83 Million Stake in iShares MSCI USA Momentum Factor ETF $MTUM

World Investment Advisors trimmed its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 9.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,784 shares of the company’s stock after selling 1,217 shares during the period. World Investment Advisors’ holdings in iShares MSCI USA Momentum Factor ETF were worth $2,832,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Cullen Frost Bankers Inc. acquired a new position in iShares MSCI USA Momentum Factor ETF during the first quarter worth $26,000. Compass Wealth Management LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the first quarter worth $30,000. Cornerstone Planning Group LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 140.3% during the first quarter. Cornerstone Planning Group LLC now owns 149 shares of the company’s stock worth $30,000 after buying an additional 87 shares during the last quarter. Harbor Investment Advisory LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 262.2% in the second quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock valued at $39,000 after purchasing an additional 118 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 45.0% in the second quarter. GAMMA Investing LLC now owns 216 shares of the company’s stock valued at $52,000 after purchasing an additional 67 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

BATS:MTUM opened at $253.55 on Friday. iShares MSCI USA Momentum Factor ETF has a one year low of $168.49 and a one year high of $240.99. The company has a market cap of $18.51 billion, a P/E ratio of 28.67 and a beta of 1.02. The firm’s fifty day moving average price is $252.09 and its two-hundred day moving average price is $237.48.

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.