Empirical Financial Services LLC d.b.a. Empirical Wealth Management Has $230.49 Million Stake in iShares MSCI USA Momentum Factor ETF $MTUM

Empirical Financial Services LLC d.b.a. Empirical Wealth Management trimmed its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 960,399 shares of the company’s stock after selling 13,778 shares during the quarter. iShares MSCI USA Momentum Factor ETF comprises about 4.0% of Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s portfolio, making the stock its 5th biggest position. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in iShares MSCI USA Momentum Factor ETF were worth $230,486,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Triumph Capital Management acquired a new position in iShares MSCI USA Momentum Factor ETF in the third quarter valued at approximately $25,000. Cary Street Partners Financial LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $25,000. Dagco Inc. acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at $25,000. Eagle Bay Advisors LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at $26,000. Finally, Financial Network Wealth Advisors LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 176.3% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 105 shares of the company’s stock worth $26,000 after acquiring an additional 67 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Down 2.2%

MTUM opened at $314.63 on Tuesday. iShares MSCI USA Momentum Factor ETF has a 1-year low of $229.42 and a 1-year high of $345.59. The company has a market cap of $22.97 billion, a P/E ratio of 28.67 and a beta of 1.02. The company has a fifty day moving average price of $316.41 and a two-hundred day moving average price of $276.75.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.