iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Haverford Trust Co

Haverford Trust Co trimmed its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 14.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,039 shares of the company’s stock after selling 3,844 shares during the quarter. Haverford Trust Co’s holdings in iShares MSCI USA Momentum Factor ETF were worth $4,767,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Interchange Capital Partners LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter worth about $708,000. Hershey Financial Advisers LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF during the fourth quarter worth approximately $476,000. LPL Financial LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 215.4% in the 4th quarter. LPL Financial LLC now owns 1,954,637 shares of the company’s stock worth $404,454,000 after acquiring an additional 1,334,851 shares during the period. Blueprint Investment Partners LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 179.8% in the 4th quarter. Blueprint Investment Partners LLC now owns 7,833 shares of the company’s stock valued at $1,621,000 after acquiring an additional 5,033 shares during the last quarter. Finally, Mosley Wealth Management lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 137.1% during the 4th quarter. Mosley Wealth Management now owns 9,820 shares of the company’s stock worth $2,124,000 after purchasing an additional 5,679 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Up 0.8 %

MTUM stock opened at $210.65 on Tuesday. The stock has a market capitalization of $14.48 billion, a price-to-earnings ratio of 27.42 and a beta of 0.99. The stock’s fifty day simple moving average is $215.41 and its 200-day simple moving average is $210.21. iShares MSCI USA Momentum Factor ETF has a 52-week low of $168.49 and a 52-week high of $229.77.

iShares MSCI USA Momentum Factor ETF 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.