RHS Financial LLC Trims Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

RHS Financial LLC reduced its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,742 shares of the company’s stock after selling 505 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for about 2.0% of RHS Financial LLC’s investment portfolio, making the stock its 14th largest position. RHS Financial LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,878,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of MTUM. Gries Financial LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 1.6% in the fourth quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock valued at $634,000 after acquiring an additional 48 shares during the last quarter. LongView Wealth Management increased its position in shares of iShares MSCI USA Momentum Factor ETF by 2.0% during the 4th quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock valued at $565,000 after purchasing an additional 54 shares during the last quarter. Householder Group Estate & Retirement Specialist LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 5.8% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock valued at $224,000 after purchasing an additional 59 shares during the last quarter. MinichMacGregor Wealth Management LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.9% during the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 1,676 shares of the company’s stock valued at $340,000 after buying an additional 63 shares in the last quarter. Finally, GDS Wealth Management lifted its position in iShares MSCI USA Momentum Factor ETF by 3.2% in the 3rd quarter. GDS Wealth Management now owns 2,099 shares of the company’s stock worth $426,000 after buying an additional 65 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS MTUM opened at $219.20 on Friday. The stock has a market capitalization of $11.87 billion, a P/E ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The firm’s 50 day simple moving average is $213.31 and its two-hundred day simple moving average is $203.79.

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.