Teamwork Financial Advisors LLC Sells 103 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Teamwork Financial Advisors LLC trimmed its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 4.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,257 shares of the company’s stock after selling 103 shares during the period. Teamwork Financial Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $458,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. QRG Capital Management Inc. bought a new stake in iShares MSCI USA Momentum Factor ETF in the first quarter worth about $329,000. Blair William & Co. IL increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 7.8% during the 1st quarter. Blair William & Co. IL now owns 7,919 shares of the company’s stock worth $1,484,000 after purchasing an additional 571 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 642.4% in the 1st quarter. BNP Paribas Financial Markets now owns 7,164 shares of the company’s stock worth $1,342,000 after purchasing an additional 6,199 shares during the period. Benjamin F. Edwards & Company Inc. lifted its stake in iShares MSCI USA Momentum Factor ETF by 407.5% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,060 shares of the company’s stock valued at $791,000 after purchasing an additional 3,260 shares during the last quarter. Finally, Cetera Advisor Networks LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 8.8% during the first quarter. Cetera Advisor Networks LLC now owns 126,486 shares of the company’s stock valued at $23,697,000 after purchasing an additional 10,257 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

BATS:MTUM opened at $208.65 on Friday. The company has a market capitalization of $11.30 billion, a P/E ratio of 18.53 and a beta of 1.10. The business has a fifty day simple moving average of $198.03 and a two-hundred day simple moving average of $191.67. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60.

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.