Oppenheimer & Co. Inc. Sells 5,417 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Oppenheimer & Co. Inc. trimmed its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 5.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 98,093 shares of the company’s stock after selling 5,417 shares during the quarter. Oppenheimer & Co. Inc. owned approximately 0.18% of iShares MSCI USA Momentum Factor ETF worth $20,297,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of MTUM. Signaturefd LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after buying an additional 155 shares during the period. Arkadios Wealth Advisors increased its position in shares of iShares MSCI USA Momentum Factor ETF by 16.7% during the third quarter. Arkadios Wealth Advisors now owns 2,203 shares of the company’s stock worth $447,000 after purchasing an additional 316 shares in the last quarter. Fortitude Family Office LLC increased its position 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 in the last quarter. Strategic Blueprint LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 13.1% during the third quarter. Strategic Blueprint LLC now owns 3,751 shares of the company’s stock worth $761,000 after purchasing an additional 433 shares in the last quarter. Finally, Eagle Strategies LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 2.6% during the third quarter. Eagle Strategies LLC now owns 3,024 shares of the company’s stock worth $613,000 after purchasing an additional 77 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 4.3 %

Shares of MTUM stock opened at $218.03 on Thursday. The business’s fifty day simple moving average is $216.78 and its 200-day simple moving average is $208.69. The company has a market cap of $15.64 billion, a PE ratio of 28.87 and a beta of 0.98. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60.

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.