iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Intelligence Driven Advisers LLC

Intelligence Driven Advisers LLC lowered its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 58.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,951 shares of the company’s stock after selling 4,155 shares during the period. Intelligence Driven Advisers LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $489,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Patton Albertson Miller Group LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth about $225,000. Strategic Investment Advisors MI acquired a new stake in iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth about $4,174,000. Professional Financial Advisors LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 3.2% in the 3rd quarter. Professional Financial Advisors LLC now owns 24,872 shares of the company’s stock worth $3,475,000 after buying an additional 771 shares during the last quarter. WealthShield Partners LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 6.8% in the 3rd quarter. WealthShield Partners LLC now owns 3,421 shares of the company’s stock worth $479,000 after buying an additional 218 shares during the last quarter. Finally, BluePath Capital Management LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth about $41,000.

iShares MSCI USA Momentum Factor ETF Price Performance

BATS:MTUM traded down $1.82 during mid-day trading on Thursday, reaching $175.29. The company’s stock had a trading volume of 910,062 shares. The company’s fifty day simple moving average is $183.54 and its two-hundred day simple moving average is $165.44. The stock has a market cap of $9.49 billion, a P/E ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60.

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.