EdgeRock Capital LLC Sells 5,442 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

EdgeRock Capital LLC lessened its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 13.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 35,921 shares of the company’s stock after selling 5,442 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up about 4.6% of EdgeRock Capital LLC’s portfolio, making the stock its 8th biggest position. EdgeRock Capital LLC owned about 0.06% of iShares MSCI USA Momentum Factor ETF worth $6,210,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Peddock Capital Advisors LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 14.3% during the 4th quarter. Peddock Capital Advisors LLC now owns 9,688 shares of the company’s stock worth $1,520,000 after purchasing an additional 1,215 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of iShares MSCI USA Momentum Factor ETF by 4.3% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 819,829 shares of the company’s stock worth $128,623,000 after purchasing an additional 33,816 shares during the last quarter. Apollon Wealth Management LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 28.1% during the 4th quarter. Apollon Wealth Management LLC now owns 8,185 shares of the company’s stock worth $1,284,000 after purchasing an additional 1,794 shares during the last quarter. Private Advisor Group LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 2.5% during the 4th quarter. Private Advisor Group LLC now owns 70,815 shares of the company’s stock worth $11,111,000 after purchasing an additional 1,737 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 3.9% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 1,671 shares of the company’s stock worth $262,000 after purchasing an additional 63 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Down 0.1 %

Shares of BATS:MTUM traded down $0.15 during trading on Tuesday, hitting $183.61. 1,636,370 shares of the company were exchanged. The stock has a market cap of $9.94 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60. The firm has a fifty day moving average price of $183.59 and a two-hundred day moving average price of $166.75.

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.