Financial Gravity Asset Management Inc. Has $188,000 Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Financial Gravity Asset Management Inc. lowered its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 41.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 966 shares of the company’s stock after selling 695 shares during the quarter. Financial Gravity Asset Management Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $188,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. First Personal Financial Services acquired a new stake in iShares MSCI USA Momentum Factor ETF in the first quarter worth $27,000. Woodmont Investment Counsel LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at $28,000. GAMMA Investing LLC purchased a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter worth $29,000. Able Wealth Management LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter worth $28,000. Finally, Family Capital Trust Co purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the first quarter valued at about $34,000.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM opened at $186.03 on Friday. 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 company’s 50-day moving average is $192.34 and its 200 day moving average is $188.34. The firm has a market capitalization of $10.07 billion, a P/E 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.