Opinicus Capital Inc. Has $353,000 Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Opinicus Capital Inc. lessened its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 7.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,704 shares of the company’s stock after selling 140 shares during the period. Opinicus Capital Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $353,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Fortitude Family Office LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% in the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after buying an additional 113 shares during the period. Signaturefd LLC increased its position in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after purchasing an additional 155 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised 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 worth $41,000 after purchasing an additional 188 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at about $43,000. Finally, AdvisorNet Financial Inc boosted its stake in shares of 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 during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 7.6 %

MTUM stock opened at $224.81 on Friday. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The company has a market cap of $12.17 billion, a P/E ratio of 18.53 and a beta of 1.10. The business’s fifty day moving average is $213.96 and its 200-day moving average is $204.69.

About iShares MSCI USA Momentum Factor ETF

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.