SageView Advisory Group LLC Sells 867 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

SageView Advisory Group LLC decreased its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 6.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,359 shares of the company’s stock after selling 867 shares during the period. SageView Advisory Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,557,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of MTUM. Duncker Streett & Co. Inc. bought a new position in iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $25,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at $30,000. Mainstream Capital Management LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. lifted its position 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 in the last quarter. Finally, AdvisorNet Financial Inc grew its holdings 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 acquiring an additional 74 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Down 6.2 %

MTUM opened at $196.14 on Friday. iShares MSCI USA Momentum Factor ETF has a 1-year low of $168.49 and a 1-year high of $229.77. The stock has a market capitalization of $13.50 billion, a PE ratio of 27.38 and a beta of 1.00. The firm has a 50-day moving average price of $208.71 and a two-hundred day moving average price of $209.93.

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.