Exencial Wealth Advisors LLC Sells 900 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Exencial Wealth Advisors LLC decreased its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.0% during the 4th quarter, Holdings Channel reports. The firm owned 28,950 shares of the company’s stock after selling 900 shares during the quarter. Exencial Wealth Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $5,990,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after buying an additional 188 shares during the period. AdvisorNet Financial Inc raised its stake in iShares MSCI USA Momentum Factor ETF by 51.4% during the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after buying an additional 74 shares during the period. Vontobel Holding Ltd. acquired a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter worth approximately $432,000. Kingsview Wealth Management LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 17.9% during the 4th quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock worth $275,000 after buying an additional 202 shares during the period. Finally, Arizona PSPRS Trust raised its stake in iShares MSCI USA Momentum Factor ETF by 2.0% during the 3rd quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock worth $73,523,000 after buying an additional 7,115 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM stock opened at $209.81 on Wednesday. The stock’s 50 day simple moving average is $217.33 and its 200 day simple moving average is $209.47. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $168.49 and a fifty-two week high of $229.77. The company has a market cap of $15.05 billion, a P/E ratio of 28.87 and a beta of 0.98.

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.