Verus Capital Partners LLC Has $1.01 Million Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

Verus Capital Partners LLC trimmed its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 25.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,219 shares of the company’s stock after selling 1,439 shares during the period. Verus Capital Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,014,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Teamwork Financial Advisors LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.6% during the second quarter. Teamwork Financial Advisors LLC now owns 1,709 shares of the company’s stock worth $411,000 after purchasing an additional 44 shares during the last quarter. Vantage Point Financial LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.2% in the second quarter. Vantage Point Financial LLC now owns 2,368 shares of the company’s stock valued at $569,000 after buying an additional 51 shares during the last quarter. Private Advisory Group LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 1.3% during the 1st quarter. Private Advisory Group LLC now owns 4,530 shares of the company’s stock worth $916,000 after buying an additional 57 shares in the last quarter. Larson Financial Group LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 4.2% during the 1st quarter. Larson Financial Group LLC now owns 1,503 shares of the company’s stock worth $304,000 after acquiring an additional 61 shares during the last quarter. Finally, Tyche Wealth Partners LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 2.6% during the 2nd quarter. Tyche Wealth Partners LLC now owns 2,500 shares of the company’s stock worth $601,000 after acquiring an additional 63 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 20.4%

MTUM opened at $251.66 on Wednesday. iShares MSCI USA Momentum Factor ETF has a 1-year low of $168.49 and a 1-year high of $240.99. The stock has a market capitalization of $18.37 billion, a PE ratio of 28.67 and a beta of 1.02. The firm has a 50-day moving average price of $253.17 and a two-hundred day moving average price of $240.99.

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.