iShares MSCI USA Momentum Factor ETF $MTUM Holdings Decreased by Keybank National Association OH

Keybank National Association OH reduced its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 196,940 shares of the company’s stock after selling 4,127 shares during the quarter. Keybank National Association OH’s holdings in iShares MSCI USA Momentum Factor ETF were worth $50,505,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. TFC Financial Management Inc. bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth about $28,000. WFA of San Diego LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the second quarter valued at $46,000. GAMMA Investing LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 45.0% during the second quarter. GAMMA Investing LLC now owns 216 shares of the company’s stock valued at $52,000 after buying an additional 67 shares in the last quarter. Hilltop National Bank acquired a new position in iShares MSCI USA Momentum Factor ETF during the second quarter worth about $55,000. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in iShares MSCI USA Momentum Factor ETF by 397.8% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 224 shares of the company’s stock worth $57,000 after acquiring an additional 179 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 22.4%

Shares of BATS MTUM opened at $255.79 on Friday. iShares MSCI USA Momentum Factor ETF has a twelve month low of $168.49 and a twelve month high of $240.99. The firm has a 50-day moving average of $253.22 and a two-hundred day moving average of $249.95. The company has a market capitalization of $18.67 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.