iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Holdings Trimmed by Portfolio Design Labs LLC

Portfolio Design Labs LLC reduced its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 6.4% during the 4th quarter, HoldingsChannel reports. The fund owned 7,793 shares of the company’s stock after selling 529 shares during the period. Portfolio Design Labs LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,613,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Fortitude Family Office LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% during the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after acquiring an additional 113 shares in the last quarter. Signaturefd LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after acquiring an additional 155 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after purchasing an additional 188 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at $43,000. Finally, AdvisorNet Financial Inc lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 51.4% in the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after purchasing an additional 74 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 8.1 %

MTUM stock opened at $225.91 on Wednesday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The company has a fifty day simple moving average of $214.37 and a 200 day simple moving average of $205.39. The firm has a market cap of $12.23 billion, a PE ratio of 18.53 and a beta of 1.10.

iShares MSCI USA Momentum Factor ETF 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.