New Millennium Group LLC Sells 138 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

New Millennium Group LLC decreased its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 5.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,482 shares of the company’s stock after selling 138 shares during the period. New Millennium Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $503,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of MTUM. Fortitude Family Office LLC raised its stake in 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 worth $25,000 after purchasing an additional 113 shares in the last quarter. Abich Financial Wealth Management LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the second quarter worth about $33,000. Signaturefd LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after purchasing an additional 155 shares during the last quarter. Wellington Shields & Co. LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at $42,000. Finally, Capital Performance Advisors LLP acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the third quarter valued at approximately $43,000.

iShares MSCI USA Momentum Factor ETF Stock Up 0.5 %

BATS MTUM opened at $209.41 on Tuesday. The company has a market capitalization of $11.34 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The stock has a fifty day simple moving average of $204.50 and a 200 day simple moving average of $195.91. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60.

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.