iShares MSCI USA Momentum Factor ETF $MTUM Shares Sold by Sensible Financial Planning & Management LLC.

Sensible Financial Planning & Management LLC. cut its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 4.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 88,088 shares of the company’s stock after selling 3,689 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up 4.1% of Sensible Financial Planning & Management LLC.’s portfolio, making the stock its 8th largest holding. Sensible Financial Planning & Management LLC. owned about 0.12% of iShares MSCI USA Momentum Factor ETF worth $22,590,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. State of Michigan Retirement System grew its stake in iShares MSCI USA Momentum Factor ETF by 1.4% during the 3rd quarter. State of Michigan Retirement System now owns 1,223,490 shares of the company’s stock worth $313,764,000 after buying an additional 17,400 shares during the last quarter. Virtus Family Office LLC bought a new stake in iShares MSCI USA Momentum Factor ETF in the third quarter valued at $380,000. Seros Financial LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the third quarter worth about $405,000. Bessemer Group Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 9.5% in the 3rd quarter. Bessemer Group Inc. now owns 3,155 shares of the company’s stock worth $809,000 after acquiring an additional 275 shares during the period. Finally, Howe & Rusling Inc. lifted its position in iShares MSCI USA Momentum Factor ETF by 425.0% in the 3rd quarter. Howe & Rusling Inc. now owns 126 shares of the company’s stock valued at $32,000 after purchasing an additional 102 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 21.4%

iShares MSCI USA Momentum Factor ETF stock opened at $253.62 on Friday. iShares MSCI USA Momentum Factor ETF has a 52-week low of $168.49 and a 52-week high of $240.99. The firm has a market capitalization of $18.51 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. The firm has a 50-day moving average price of $253.77 and a two-hundred day moving average price of $250.42.

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