Members Advisory Group LLC Has $4.15 Million Stake in iShares MSCI USA Momentum Factor ETF $MTUM

Members Advisory Group LLC reduced its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 40.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 16,560 shares of the company’s stock after selling 11,236 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for approximately 1.6% of Members Advisory Group LLC’s holdings, making the stock its 18th biggest position. Members Advisory Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $4,147,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Caprock Group LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth $3,283,000. Strategic Blueprint LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 18.9% in the 3rd quarter. Strategic Blueprint LLC now owns 30,074 shares of the company’s stock worth $7,713,000 after purchasing an additional 4,790 shares in the last quarter. Braun Bostich & Associates Inc. lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 63.4% in the 4th quarter. Braun Bostich & Associates Inc. now owns 11,497 shares of the company’s stock worth $2,878,000 after purchasing an additional 4,463 shares in the last quarter. FLP Wealth Management LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 753.1% in the 3rd quarter. FLP Wealth Management LLC now owns 12,566 shares of the company’s stock worth $3,223,000 after purchasing an additional 11,093 shares in the last quarter. Finally, Cerity Partners LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.6% in the 3rd quarter. Cerity Partners LLC now owns 1,151,952 shares of the company’s stock worth $295,418,000 after purchasing an additional 29,230 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Down 0.7%

Shares of MTUM opened at $271.59 on Wednesday. iShares MSCI USA Momentum Factor ETF has a 12-month low of $192.30 and a 12-month high of $275.23. The business’s fifty day moving average is $251.74 and its 200 day moving average is $252.17. The stock has a market cap of $19.83 billion, a P/E ratio of 28.67 and a beta of 1.02.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.