iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Lee Financial Co

Lee Financial Co trimmed its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 4.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,042 shares of the company’s stock after selling 200 shares during the quarter. Lee Financial Co’s holdings in iShares MSCI USA Momentum Factor ETF were worth $836,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Sheaff Brock Investment Advisors LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 2.6% during the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 6,975 shares of the company’s stock worth $1,443,000 after purchasing an additional 178 shares during the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter worth approximately $217,000. Allworth Financial LP increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 1.4% in the fourth quarter. Allworth Financial LP now owns 9,742 shares of the company’s stock worth $2,163,000 after buying an additional 132 shares during the last quarter. Principal Securities Inc. raised its holdings in iShares MSCI USA Momentum Factor ETF by 252.9% in the fourth quarter. Principal Securities Inc. now owns 12,850 shares of the company’s stock valued at $2,659,000 after acquiring an additional 9,209 shares in the last quarter. Finally, Lakeridge Wealth Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at $225,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM stock opened at $228.40 on Friday. The firm has a fifty day moving average of $215.19 and a two-hundred day moving average of $206.38. The firm has a market cap of $12.37 billion, a P/E ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60.

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.