CFS Investment Advisory Services LLC Sells 77 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

CFS Investment Advisory Services LLC reduced its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 0.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,357 shares of the company’s stock after selling 77 shares during the period. CFS Investment Advisory Services LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,936,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Assetmark Inc. lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 4.5% in the third quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock valued at $343,269,000 after buying an additional 72,891 shares in the last quarter. Cerity Partners LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 2.5% during the third quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock valued at $217,745,000 after buying an additional 26,235 shares during the last quarter. FMR LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 12.2% during the 3rd quarter. FMR LLC now owns 674,367 shares of the company’s stock worth $136,735,000 after acquiring an additional 73,442 shares during the last quarter. LPL Financial LLC grew its position in iShares MSCI USA Momentum Factor ETF by 2.0% in the 3rd quarter. LPL Financial LLC now owns 619,786 shares of the company’s stock worth $125,668,000 after purchasing an additional 11,968 shares in the last quarter. Finally, Park Avenue Securities LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 1,055.4% during the fourth quarter. Park Avenue Securities LLC now owns 507,294 shares of the company’s stock valued at $104,969,000 after acquiring an additional 463,387 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

BATS MTUM opened at $222.97 on Friday. The stock has a market capitalization of $12.07 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The business’s fifty day moving average is $212.86 and its 200-day moving average is $203.33.

iShares MSCI USA Momentum Factor ETF Company 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.