Sensible Financial Planning & Management LLC. Sells 1,951 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Sensible Financial Planning & Management LLC. trimmed its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 109,048 shares of the company’s stock after selling 1,951 shares during the period. iShares MSCI USA Momentum Factor ETF makes up about 4.0% of Sensible Financial Planning & Management LLC.’s investment portfolio, making the stock its 7th biggest position. Sensible Financial Planning & Management LLC.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $17,109,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of MTUM. Mercer Global Advisors Inc. ADV raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 5.1% during the third quarter. Mercer Global Advisors Inc. ADV now owns 6,545,629 shares of the company’s stock worth $914,424,000 after buying an additional 317,802 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 4.2% during the third quarter. Envestnet Asset Management Inc. now owns 6,913,845 shares of the company’s stock worth $965,864,000 after buying an additional 277,017 shares during the last quarter. Invst LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the third quarter worth approximately $24,213,000. Assetmark Inc. raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 9.5% during the third quarter. Assetmark Inc. now owns 1,584,283 shares of the company’s stock worth $221,324,000 after buying an additional 137,311 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 36.3% during the third quarter. Royal Bank of Canada now owns 509,623 shares of the company’s stock worth $71,195,000 after buying an additional 135,609 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Down 0.5 %

Shares of MTUM traded down $0.84 on Wednesday, reaching $178.23. 529,106 shares of the company’s stock were exchanged. The stock has a market capitalization of $9.78 billion, a P/E ratio of 19.19 and a beta of 1.10. The business has a 50 day moving average price of $183.42 and a two-hundred day moving average price of $164.08. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60.

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.