Avior Wealth Management LLC Has $1.65 Million Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Avior Wealth Management LLC decreased its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.7% in the 4th quarter, HoldingsChannel reports. The fund owned 7,985 shares of the company’s stock after selling 225 shares during the period. Avior Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,652,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Assetmark Inc. boosted its stake in iShares MSCI USA Momentum Factor ETF by 4.5% during the 3rd quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock valued at $343,269,000 after purchasing an additional 72,891 shares during the last quarter. Cerity Partners LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.5% in the third quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock valued at $217,745,000 after purchasing an additional 26,235 shares in the last quarter. FMR LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 12.2% during the third quarter. FMR LLC now owns 674,367 shares of the company’s stock valued at $136,735,000 after buying an additional 73,442 shares during the last quarter. LPL Financial LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 2.0% during the third quarter. LPL Financial LLC now owns 619,786 shares of the company’s stock worth $125,668,000 after buying an additional 11,968 shares in the last quarter. Finally, Park Avenue Securities LLC raised its position in iShares MSCI USA Momentum Factor ETF by 1,055.4% in the 4th quarter. Park Avenue Securities LLC now owns 507,294 shares of the company’s stock valued at $104,969,000 after buying an additional 463,387 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM opened at $223.65 on Friday. 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 market capitalization of $12.11 billion, a P/E ratio of 18.53 and a beta of 1.10. The company’s 50-day moving average is $212.29 and its 200 day moving average is $203.02.

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.