Keybank National Association OH lowered its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 3.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 185,846 shares of the company’s stock after selling 7,157 shares during the period. Keybank National Association OH’s holdings in iShares MSCI USA Momentum Factor ETF were worth $44,601,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. Horizon Wealth Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the first quarter valued at about $570,000. Midwest Capital Advisors LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4.4% during the first quarter. Midwest Capital Advisors LLC now owns 39,723 shares of the company’s stock worth $9,533,000 after purchasing an additional 1,670 shares during the last quarter. Merited Wealth LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 16.4% during the first quarter. Merited Wealth LLC now owns 1,721 shares of the company’s stock worth $413,000 after purchasing an additional 242 shares during the last quarter. Semus Wealth Partners LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 8.6% in the first quarter. Semus Wealth Partners LLC now owns 2,345 shares of the company’s stock valued at $563,000 after buying an additional 185 shares during the period. Finally, TKG Advisors LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 9.2% in the first quarter. TKG Advisors LLC now owns 1,084 shares of the company’s stock valued at $260,000 after buying an additional 91 shares during the period.
iShares MSCI USA Momentum Factor ETF Price Performance
Shares of BATS MTUM opened at $316.53 on Friday. The company has a 50 day simple moving average of $310.97 and a 200 day simple moving average of $273.37. The firm has a market cap of $23.11 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 1 year low of $229.42 and a 1 year high of $345.59.
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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.
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