iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Stake Lowered by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC trimmed its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 125,167 shares of the company’s stock after selling 3,377 shares during the period. OneDigital Investment Advisors LLC owned approximately 0.23% of iShares MSCI USA Momentum Factor ETF worth $25,379,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Signaturefd LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after acquiring an additional 155 shares during the last quarter. QRG Capital Management Inc. purchased a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter worth approximately $329,000. Blair William & Co. IL raised its stake in iShares MSCI USA Momentum Factor ETF by 7.8% during the 1st quarter. Blair William & Co. IL now owns 7,919 shares of the company’s stock valued at $1,484,000 after purchasing an additional 571 shares during the period. BNP Paribas Financial Markets grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 642.4% during the first quarter. BNP Paribas Financial Markets now owns 7,164 shares of the company’s stock valued at $1,342,000 after buying an additional 6,199 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 407.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,060 shares of the company’s stock worth $791,000 after purchasing an additional 3,260 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM stock traded down $0.54 during trading on Thursday, reaching $211.97. The company had a trading volume of 948,843 shares. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The firm’s 50 day simple moving average is $203.26 and its two-hundred day simple moving average is $195.12. The company has a market capitalization of $11.48 billion, a PE ratio of 18.53 and a beta of 1.10.

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.