Crestwood Advisors Group LLC Trims Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Crestwood Advisors Group LLC trimmed its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 10.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 90,505 shares of the company’s stock after selling 10,414 shares during the quarter. Crestwood Advisors Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $14,598,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in MTUM. Danda Trouve Investment Management Inc. bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at approximately $26,000. Hexagon Capital Partners LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the third quarter valued at approximately $25,000. Perigon Wealth Management LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at $31,000. Asset Dedication LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at about $46,000. Finally, Liberty Wealth Management LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 104.8% in the 3rd quarter. Liberty Wealth Management LLC now owns 385 shares of the company’s stock valued at $57,000 after buying an additional 197 shares in the last quarter.

Shares of MTUM stock traded down $6.23 during trading hours on Tuesday, reaching $168.38. 820,339 shares of the company’s stock were exchanged. 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’s 50 day moving average is $169.92 and its 200-day moving average is $155.37.

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Institutional Ownership by Quarter for iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

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