First Bank & Trust Trims Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

First Bank & Trust decreased its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 5.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,131 shares of the company’s stock after selling 124 shares during the quarter. First Bank & Trust’s holdings in iShares MSCI USA Momentum Factor ETF were worth $432,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of MTUM. Woodmont Investment Counsel LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the first quarter valued at $28,000. Signaturefd LLC increased its position in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after acquiring an additional 155 shares during the last quarter. Abich Financial Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the second quarter valued at $33,000. Wellington Shields & Co. LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter worth about $42,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at about $48,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM traded down $1.23 during mid-day trading on Friday, reaching $205.74. 301,126 shares of the company’s stock traded hands. The stock’s 50-day moving average is $200.16 and its two-hundred day moving average is $192.55. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The stock has a market cap of $11.14 billion, a P/E ratio of 18.53 and a beta of 1.10.

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.