Barclays PLC Lowers Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Barclays PLC reduced its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.5% during the third quarter, Holdings Channel reports. The institutional investor owned 3,997 shares of the company’s stock after selling 61 shares during the period. Barclays PLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $810,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Mercer Global Advisors Inc. ADV raised its stake in iShares MSCI USA Momentum Factor ETF by 2.9% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock valued at $1,463,815,000 after purchasing an additional 213,637 shares during the period. Blair William & Co. IL raised its stake in iShares MSCI USA Momentum Factor ETF by 1.9% during the 2nd quarter. Blair William & Co. IL now owns 8,068 shares of the company’s stock valued at $1,572,000 after purchasing an additional 149 shares during the period. Bright Financial Advisors Inc. bought a new stake in iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at approximately $2,759,000. Benjamin F. Edwards & Company Inc. raised its stake in iShares MSCI USA Momentum Factor ETF by 407.5% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,060 shares of the company’s stock valued at $791,000 after purchasing an additional 3,260 shares during the period. Finally, DRW Securities LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at approximately $604,000.

iShares MSCI USA Momentum Factor ETF Trading Up 1.9 %

Shares of MTUM opened at $212.98 on Thursday. The business’s 50 day moving average is $211.70 and its 200 day moving average is $202.28. The company has a market capitalization of $11.53 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60.

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.