Harbour Investments Inc. cut its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 21.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,785 shares of the company’s stock after selling 9,440 shares during the quarter. Harbour Investments Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $8,707,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors also recently bought and sold shares of the company. Triumph Capital Management purchased a new stake in iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at about $25,000. Dagco Inc. purchased a new stake in iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at about $25,000. Eagle Bay Advisors LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at about $26,000. United Financial Planning Group LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at about $28,000. Finally, Howe & Rusling Inc. boosted its holdings in iShares MSCI USA Momentum Factor ETF by 425.0% during the 3rd quarter. Howe & Rusling Inc. now owns 126 shares of the company’s stock valued at $32,000 after acquiring an additional 102 shares during the period.
iShares MSCI USA Momentum Factor ETF Price Performance
Shares of MTUM stock opened at $303.60 on Tuesday. The stock has a market capitalization of $22.16 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 1-year low of $223.47 and a 1-year high of $307.96. The business has a 50-day moving average of $270.51 and a 200 day moving average of $258.25.
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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.
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