iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Dai ichi Life Insurance Company Ltd

Dai ichi Life Insurance Company Ltd trimmed its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 33.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,939 shares of the company’s stock after selling 6,868 shares during the quarter. Dai ichi Life Insurance Company Ltd’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,826,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in MTUM. Mercer Global Advisors Inc. ADV raised its holdings 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 worth $1,463,815,000 after buying an additional 213,637 shares during the period. Assetmark Inc. lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 4.5% in the 3rd quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock valued at $343,269,000 after acquiring an additional 72,891 shares in the last quarter. Cerity Partners LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 2.5% in the 3rd quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock worth $217,745,000 after purchasing an additional 26,235 shares during the period. LPL Financial LLC grew its position in iShares MSCI USA Momentum Factor ETF by 2.0% during the 3rd quarter. LPL Financial LLC now owns 619,786 shares of the company’s stock worth $125,668,000 after purchasing an additional 11,968 shares in the last quarter. Finally, Symmetry Partners LLC raised its stake in iShares MSCI USA Momentum Factor ETF by 62.7% during the 2nd quarter. Symmetry Partners LLC now owns 541,276 shares of the company’s stock valued at $105,479,000 after purchasing an additional 208,691 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Up 0.8 %

MTUM opened at $216.26 on Wednesday. The stock has a fifty day moving average of $206.73 and a 200-day moving average of $197.18. The firm has a market capitalization of $11.71 billion, a P/E 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.