Creative Planning Has $6.57 Million Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Creative Planning lowered its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 32,421 shares of the company’s stock after selling 628 shares during the quarter. Creative Planning’s holdings in iShares MSCI USA Momentum Factor ETF were worth $6,574,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Woodmont Investment Counsel LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the first quarter valued at $28,000. GAMMA Investing LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter worth about $29,000. Abich Financial Wealth Management LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth about $33,000. Wellington Shields & Co. LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at about $42,000. Finally, Ashton Thomas Private Wealth LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at about $48,000.

iShares MSCI USA Momentum Factor ETF Stock Down 0.3 %

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $207.51 on Thursday. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60. The business has a 50 day moving average price of $199.71 and a 200-day moving average price of $192.32. The company has a market cap of $11.24 billion, a PE ratio of 18.53 and a beta of 1.10.

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.