iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Moulton Wealth Management Inc.

Posted by Paula Ricardo on Oct 19th, 2024

Moulton Wealth Management Inc. lessened its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 53.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,419 shares of the company’s stock after selling 6,266 shares during the period. iShares MSCI USA Momentum Factor ETF makes up 0.9% of Moulton Wealth Management Inc.’s holdings, making the stock its 22nd largest position. Moulton Wealth Management Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,104,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of MTUM. GAMMA Investing LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the first quarter worth approximately $29,000. Mather Group LLC. acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the first quarter worth $80,000. RFG Advisory LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the first quarter valued at $700,000. &PARTNERS acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at $236,000. Finally, Anderson Hoagland & Co. increased its stake in iShares MSCI USA Momentum Factor ETF by 6.8% in the 1st quarter. Anderson Hoagland & Co. now owns 23,045 shares of the company’s stock worth $4,267,000 after purchasing an additional 1,477 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 0.4 %

BATS MTUM opened at $209.40 on Friday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The company has a market cap of $11.34 billion, a PE ratio of 18.53 and a beta of 1.10. The stock’s 50-day moving average price is $198.52 and its two-hundred day moving average price is $191.82.

About iShares MSCI USA Momentum Factor ETF

(Free Report)

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.