Oxinas Partners Wealth Management LLC Sells 385 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Oxinas Partners Wealth Management LLC trimmed its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 14.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,290 shares of the company’s stock after selling 385 shares during the quarter. Oxinas Partners Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $474,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. LongView Wealth Management boosted its stake in 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 worth $565,000 after purchasing an additional 54 shares during the period. Householder Group Estate & Retirement Specialist LLC raised its holdings 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 worth $224,000 after acquiring an additional 59 shares in 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 worth $340,000 after acquiring an additional 63 shares in the last quarter. GDS Wealth Management raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.2% during the 3rd 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 holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.7% during the 3rd quarter. Tyche Wealth Partners LLC now owns 2,533 shares of the company’s stock worth $514,000 after acquiring an additional 66 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM opened at $220.73 on Wednesday. The stock has a market capitalization of $11.95 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The business’s 50 day simple moving average is $211.92 and its 200-day simple moving average is $202.73.

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.