Apella Capital LLC Sells 15,235 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Apella Capital LLC trimmed its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUMFree Report) by 4.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 317,746 shares of the company’s stock after selling 15,235 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for 3.0% of Apella Capital LLC’s portfolio, making the stock its 8th largest holding. Apella Capital LLC owned approximately 0.51% of iShares MSCI USA Momentum Factor ETF worth $59,072,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF during the first quarter valued at approximately $29,000. Able Wealth Management LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $28,000. Sound Income Strategies LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 281.5% in the fourth quarter. Sound Income Strategies LLC now owns 248 shares of the company’s stock valued at $39,000 after acquiring an additional 183 shares during the last quarter. Baker Avenue Asset Management LP raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 46.8% in the third quarter. Baker Avenue Asset Management LP now owns 279 shares of the company’s stock valued at $39,000 after acquiring an additional 89 shares during the last quarter. Finally, Richardson Financial Services Inc. bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $56,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM traded down $1.69 during trading on Friday, reaching $195.42. The stock had a trading volume of 888,152 shares. The business’s 50-day moving average price is $185.94 and its 200 day moving average price is $176.29. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60. The stock has a market capitalization of $10.58 billion, a PE ratio of 18.53 and a beta of 1.10.

iShares MSCI USA Momentum Factor ETF Company Profile

(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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Institutional Ownership by Quarter for iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

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