TD Capital Management LLC Sells 875 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

by · The Cerbat Gem

TD Capital Management LLC lowered its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 69.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 391 shares of the company’s stock after selling 875 shares during the period. TD Capital Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $79,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Kovitz Investment Group Partners LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter worth approximately $216,000. Coldstream Capital Management Inc. purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter worth approximately $238,000. Schonfeld Strategic Advisors LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter worth approximately $2,983,000. Comerica Bank boosted its stake in iShares MSCI USA Momentum Factor ETF by 15.8% in the 4th quarter. Comerica Bank now owns 19,996 shares of the company’s stock worth $4,138,000 after purchasing an additional 2,727 shares in the last quarter. Finally, Bison Wealth LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 4.4% in the 4th quarter. Bison Wealth LLC now owns 3,148 shares of the company’s stock worth $651,000 after acquiring an additional 133 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

iShares MSCI USA Momentum Factor ETF stock opened at $244.89 on Thursday. The stock has a market capitalization of $17.88 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 12 month low of $168.49 and a 12 month high of $240.99. The business has a 50 day simple moving average of $240.20 and a 200-day simple moving average of $222.97.

About iShares MSCI USA Momentum Factor ETF

(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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