Teamwork Financial Advisors LLC Sells 542 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Teamwork Financial Advisors LLC reduced its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 24.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,715 shares of the company’s stock after selling 542 shares during the period. Teamwork Financial Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $355,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fortitude Family Office LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% during the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after purchasing an additional 113 shares during the last quarter. Abich Financial Wealth Management LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the 2nd quarter worth about $33,000. Signaturefd LLC increased its position in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after acquiring an additional 155 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its position in iShares MSCI USA Momentum Factor ETF by 1,880.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after acquiring an additional 188 shares in the last quarter. Finally, Capital Performance Advisors LLP bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the third quarter worth about $43,000.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM opened at $222.02 on Thursday. The company’s 50 day simple moving average is $212.09 and its 200-day simple moving average is $202.89. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The stock has a market capitalization of $12.02 billion, a P/E ratio of 18.53 and a beta of 1.10.

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.