MONECO Advisors LLC Sells 319 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

MONECO Advisors LLC decreased its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 5.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,395 shares of the company’s stock after selling 319 shares during the quarter. MONECO Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,116,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Gries Financial LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 1.6% during the 4th quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock valued at $634,000 after acquiring an additional 48 shares during the period. LongView Wealth Management lifted its position in iShares MSCI USA Momentum Factor ETF by 2.0% during the fourth quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock valued at $565,000 after purchasing an additional 54 shares in the last quarter. MGB Wealth Management LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 7.7% during the fourth quarter. MGB Wealth Management LLC now owns 788 shares of the company’s stock valued at $163,000 after purchasing an additional 56 shares during the period. D.A. Davidson & CO. grew its holdings in iShares MSCI USA Momentum Factor ETF by 0.8% during the fourth quarter. D.A. Davidson & CO. now owns 7,498 shares of the company’s stock valued at $1,551,000 after purchasing an additional 57 shares during the period. Finally, Householder Group Estate & Retirement Specialist LLC increased its position in iShares MSCI USA Momentum Factor ETF by 5.8% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock worth $224,000 after buying an additional 59 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 5.2 %

MTUM stock opened at $219.82 on Monday. The business’s 50-day moving average price is $216.56 and its 200-day moving average price is $207.93. The stock has a market cap of $11.90 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.

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.