FAS Wealth Partners Inc. Trims Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

FAS Wealth Partners Inc. lessened its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUMFree Report) by 3.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,778 shares of the company’s stock after selling 67 shares during the quarter. FAS Wealth Partners Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $279,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL bought a new stake in iShares MSCI USA Momentum Factor ETF during the first quarter valued at about $31,000. Fortis Capital Advisors LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 44.9% during the first quarter. Fortis Capital Advisors LLC now owns 271 shares of the company’s stock valued at $38,000 after purchasing an additional 84 shares during the period. Baker Avenue Asset Management LP grew its holdings in iShares MSCI USA Momentum Factor ETF by 46.8% during the third quarter. Baker Avenue Asset Management LP now owns 279 shares of the company’s stock valued at $39,000 after purchasing an additional 89 shares during the period. Sound Income Strategies LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 281.5% during the fourth quarter. Sound Income Strategies LLC now owns 248 shares of the company’s stock valued at $39,000 after purchasing an additional 183 shares during the period. Finally, BluePath Capital Management LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the third quarter valued at about $41,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS:MTUM opened at $186.32 on Wednesday. The stock has a 50-day simple moving average of $180.19 and a two-hundred day simple moving average of $159.63. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The firm has a market capitalization of $11.59 billion, a PE ratio of 19.35 and a beta of 0.91.

iShares MSCI USA Momentum Factor ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

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