Teamwork Financial Advisors LLC Has $355,000 Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Teamwork Financial Advisors LLC lowered its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 24.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,715 shares of the company’s stock after selling 542 shares during the period. Teamwork Financial Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $355,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LongView Wealth Management grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.0% in the 4th quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock valued at $565,000 after buying an additional 54 shares during the period. Householder Group Estate & Retirement Specialist LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 5.8% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock worth $224,000 after acquiring an additional 59 shares in the last quarter. MinichMacGregor Wealth Management LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 3.9% in the third quarter. MinichMacGregor Wealth Management LLC now owns 1,676 shares of the company’s stock valued at $340,000 after acquiring an additional 63 shares during the period. GDS Wealth Management increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.2% in the third quarter. GDS Wealth Management now owns 2,099 shares of the company’s stock worth $426,000 after acquiring an additional 65 shares in the last quarter. Finally, Tyche Wealth Partners LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 2.7% during the third quarter. Tyche Wealth Partners LLC now owns 2,533 shares of the company’s stock worth $514,000 after purchasing an additional 66 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

BATS:MTUM opened at $222.02 on Thursday. The business’s 50-day simple moving average is $212.09 and its 200-day simple moving average is $202.89. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60. The stock has a market capitalization of $12.02 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.