Keybank National Association OH Lowers Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Keybank National Association OH trimmed its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 211,578 shares of the company’s stock after selling 5,790 shares during the period. Keybank National Association OH’s holdings in iShares MSCI USA Momentum Factor ETF were worth $43,780,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after acquiring an additional 188 shares during the period. AdvisorNet Financial Inc raised its position in 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 in the last quarter. Vontobel Holding Ltd. acquired a new stake in iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at about $432,000. Kingsview Wealth Management LLC raised its position in iShares MSCI USA Momentum Factor ETF by 17.9% in the 4th quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock valued at $275,000 after purchasing an additional 202 shares in the last quarter. Finally, Arizona PSPRS Trust raised its position in iShares MSCI USA Momentum Factor ETF by 2.0% in the 3rd quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock valued at $73,523,000 after purchasing an additional 7,115 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM stock opened at $214.18 on Tuesday. The firm has a market capitalization of $15.37 billion, a P/E ratio of 28.87 and a beta of 0.98. The business’s 50-day moving average is $217.33 and its two-hundred day moving average is $209.36. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year 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.