Stonehearth Capital Management LLC Trims Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Stonehearth Capital Management LLC decreased its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 176,672 shares of the company’s stock after selling 1,822 shares during the quarter. iShares MSCI USA Momentum Factor ETF comprises about 14.7% of Stonehearth Capital Management LLC’s portfolio, making the stock its 2nd largest holding. Stonehearth Capital Management LLC owned approximately 0.33% of iShares MSCI USA Momentum Factor ETF worth $36,557,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Arizona PSPRS Trust bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth about $69,276,000. Citigroup Inc. lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,266.9% in the 3rd quarter. Citigroup Inc. now owns 253,036 shares of the company’s stock valued at $51,305,000 after purchasing an additional 234,524 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.9% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock worth $1,463,815,000 after purchasing an additional 213,637 shares during the period. Sanctuary Advisors LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 455.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 157,981 shares of the company’s stock valued at $33,952,000 after purchasing an additional 129,521 shares during the last quarter. Finally, Liberty Wealth Management LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 4,142.7% during the 2nd quarter. Liberty Wealth Management LLC now owns 123,888 shares of the company’s stock valued at $24,142,000 after buying an additional 120,968 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS MTUM traded up $0.64 on Tuesday, hitting $211.90. 794,199 shares of the stock were exchanged. 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 $11.47 billion, a P/E ratio of 18.53 and a beta of 1.10. The stock has a fifty day moving average price of $211.06 and a two-hundred day moving average price of $201.63.

About iShares MSCI USA Momentum Factor ETF

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.