iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Well Done LLC

Well Done LLC reduced its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 0.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 58,483 shares of the company’s stock after selling 298 shares during the quarter. iShares MSCI USA Momentum Factor ETF comprises approximately 2.2% of Well Done LLC’s investment portfolio, making the stock its 7th largest position. Well Done LLC owned about 0.11% of iShares MSCI USA Momentum Factor ETF worth $11,858,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in MTUM. Physician Wealth Advisors Inc. increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 0.8% in the 1st quarter. Physician Wealth Advisors Inc. now owns 7,927 shares of the company’s stock worth $1,440,000 after acquiring an additional 60 shares during the last quarter. Regal Investment Advisors LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.3% in the 2nd quarter. Regal Investment Advisors LLC now owns 2,652 shares of the company’s stock worth $517,000 after acquiring an additional 85 shares during the last quarter. Shore Point Advisors LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 1.9% in the 3rd quarter. Shore Point Advisors LLC now owns 4,731 shares of the company’s stock worth $959,000 after acquiring an additional 86 shares during the last quarter. First Citizens Financial Corp increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 1.9% in the 1st quarter. First Citizens Financial Corp now owns 5,048 shares of the company’s stock worth $946,000 after acquiring an additional 94 shares during the last quarter. Finally, LongView Wealth Management increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.9% in the 1st quarter. LongView Wealth Management now owns 2,675 shares of the company’s stock worth $501,000 after acquiring an additional 100 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM remained flat at $208.65 during midday trading on Friday. The company’s stock had a trading volume of 611,427 shares. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The company has a market capitalization of $11.30 billion, a PE ratio of 18.53 and a beta of 1.10. The business has a fifty day simple moving average of $198.03 and a 200 day simple moving average of $191.67.

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.