iShares MSCI USA Momentum Factor ETF $MTUM Shares Sold by Integrated Advisors Network LLC

Integrated Advisors Network LLC cut its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 90.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 973 shares of the company’s stock after selling 8,840 shares during the period. Integrated Advisors Network LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $309,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. New England Private Wealth Advisors LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 0.3% during the third quarter. New England Private Wealth Advisors LLC now owns 10,339 shares of the company’s stock worth $3,281,000 after acquiring an additional 34 shares during the period. Beacon Financial Advisory LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 2.5% in the 1st quarter. Beacon Financial Advisory LLC now owns 1,504 shares of the company’s stock valued at $361,000 after purchasing an additional 36 shares during the period. 1ST Source Bank grew its stake in iShares MSCI USA Momentum Factor ETF by 4.9% in the 1st quarter. 1ST Source Bank now owns 944 shares of the company’s stock valued at $227,000 after purchasing an additional 44 shares during the period. LifeSteps Financial Inc. grew its stake in iShares MSCI USA Momentum Factor ETF by 2.8% in the 3rd quarter. LifeSteps Financial Inc. now owns 1,677 shares of the company’s stock valued at $532,000 after purchasing an additional 46 shares during the period. Finally, Aegis Wealth Management Inc. increased its position in shares of iShares MSCI USA Momentum Factor ETF by 4.4% during the 1st quarter. Aegis Wealth Management Inc. now owns 1,197 shares of the company’s stock valued at $287,000 after purchasing an additional 50 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $289.45 on Friday. The firm has a market cap of $21.13 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 1 year low of $229.42 and a 1 year high of $345.59. The stock has a fifty day moving average price of $307.84 and a 200-day moving average price of $305.70.

iShares MSCI USA Momentum Factor ETF shares are going to split on the morning of Thursday, November 5th. The 4-1 split was recently announced. The newly created shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.