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Financial firms adjust holdings in the iShares MSCI USA Momentum Factor ETF, reflecting varied investor strategies.
Level Four Advisory Services sold shares of the iShares MSCI USA Momentum Factor ETF (MTUM), reducing their holdings to 2,628 shares worth $544,000.
Meanwhile, National Wealth Management Group bought 1,402 shares, and JPMorgan Chase increased its investment by 250%, now owning about 2.08% of the ETF.
The ETF tracks large- and mid-cap U.S. equities based on price appreciation and low volatility.
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