iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Bank of Montreal Can

Bank of Montreal Can reduced its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 8.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,261 shares of the company’s stock after selling 218 shares during the period. Bank of Montreal Can’s holdings in iShares MSCI USA Momentum Factor ETF were worth $468,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after acquiring an additional 188 shares during the period. AdvisorNet Financial Inc raised its position in shares of iShares MSCI USA Momentum Factor ETF by 51.4% during the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after buying an additional 74 shares in the last quarter. Vontobel Holding Ltd. acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter worth approximately $432,000. Kingsview Wealth Management LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 17.9% in the fourth quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock worth $275,000 after purchasing an additional 202 shares during the period. Finally, Summit X LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 1,416.6% during the 4th quarter. Summit X LLC now owns 22,142 shares of the company’s stock valued at $4,582,000 after purchasing an additional 20,682 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Down 8.8 %

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $190.50 on Tuesday. The business has a fifty day simple moving average of $205.16 and a 200-day simple moving average of $209.71. The firm has a market cap of $13.15 billion, a price-to-earnings ratio of 26.98 and a beta of 1.00. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $168.49 and a fifty-two week high of $229.77.

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.