iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Stake Decreased by NCM Capital Management LLC

NCM Capital Management LLC trimmed its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 9.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,000 shares of the company’s stock after selling 100 shares during the quarter. NCM Capital Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $203,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Fortitude Family Office LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% in the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after acquiring an additional 113 shares during the period. Abich Financial Wealth Management LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the second quarter worth approximately $33,000. Signaturefd LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after purchasing an additional 155 shares during the period. Capital Performance Advisors LLP bought a new position in iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at $43,000. Finally, Ashton Thomas Private Wealth LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at $48,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM opened at $216.52 on Friday. The company has a market capitalization of $11.72 billion, a PE ratio of 18.53 and a beta of 1.10. The stock’s fifty day moving average is $207.70 and its 200-day moving average is $197.66. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60.

About iShares MSCI USA Momentum Factor ETF

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.