13,274 iShares MSCI USA Momentum Factor ETF $MTUM Shares Sold by VestGen Advisors LLC

VestGen Advisors LLC reduced its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 80.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,251 shares of the company’s stock after selling 13,274 shares during the quarter. VestGen Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,032,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. New England Private Wealth Advisors LLC grew its position in iShares MSCI USA Momentum Factor ETF by 0.3% in the third quarter. New England Private Wealth Advisors LLC now owns 10,339 shares of the company’s stock valued at $3,281,000 after acquiring an additional 34 shares during the last quarter. Beacon Financial Advisory LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 2.5% during the first quarter. Beacon Financial Advisory LLC now owns 1,504 shares of the company’s stock worth $361,000 after acquiring an additional 36 shares in the last quarter. Signaturefd LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 5.4% in the third quarter. Signaturefd LLC now owns 762 shares of the company’s stock worth $242,000 after acquiring an additional 39 shares during the last quarter. 1ST Source Bank lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4.9% in the first quarter. 1ST Source Bank now owns 944 shares of the company’s stock worth $227,000 after acquiring an additional 44 shares during the last quarter. Finally, LifeSteps Financial Inc. lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.8% in the third quarter. LifeSteps Financial Inc. now owns 1,677 shares of the company’s stock worth $532,000 after acquiring an additional 46 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Down 4.8%

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $284.10 on Friday. The firm has a market capitalization of $20.74 billion, a PE ratio of 28.67 and a beta of 1.02. The firm’s 50 day moving average is $306.44 and its 200 day moving average is $289.79. iShares MSCI USA Momentum Factor ETF has a 1 year low of $229.42 and a 1 year high of $345.59.

Shares of iShares MSCI USA Momentum Factor ETF are going to split on the morning of Thursday, November 5th. The 4-1 split was recently announced. The newly minted shares will be issued to shareholders after the closing bell on Wednesday, November 4th.

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.