Dorsey & Whitney Trust CO LLC Buys 325 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Dorsey & Whitney Trust CO LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 25.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,627 shares of the company’s stock after buying an additional 325 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $337,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Novus Advisors LLC bought a new stake in iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at about $259,000. Elevation Capital Advisory LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 3.1% in the 4th quarter. Elevation Capital Advisory LLC now owns 46,536 shares of the company’s stock valued at $9,629,000 after purchasing an additional 1,396 shares during the period. Freestone Capital Holdings LLC bought a new stake in iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at about $238,000. Opulen Financial Group LLC bought a new stake in iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at about $247,000. Finally, One Capital Management LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 171.3% in the 4th quarter. One Capital Management LLC now owns 7,250 shares of the company’s stock valued at $1,500,000 after purchasing an additional 4,578 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Down 6.4 %

BATS MTUM opened at $195.71 on Tuesday. The company has a market capitalization of $14.04 billion, a P/E ratio of 28.87 and a beta of 0.98. iShares MSCI USA Momentum Factor ETF has a 12-month low of $168.49 and a 12-month high of $229.77. The firm has a 50-day moving average price of $216.70 and a two-hundred day moving average price of $209.68.

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.