First Bank & Trust increased its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 4.3% in the fourth quarter, Holdings Channel reports. The firm owned 2,222 shares of the company’s stock after purchasing an additional 91 shares during the quarter. First Bank & Trust’s holdings in iShares MSCI USA Momentum Factor ETF were worth $460,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the company. Fortitude Family Office LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 1,255.6% in the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after acquiring an additional 113 shares during the last quarter. Signaturefd LLC lifted its holdings 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 acquiring an additional 155 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in iShares MSCI USA Momentum Factor ETF by 1,880.0% in the fourth 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 last quarter. Capital Performance Advisors LLP bought a new position in iShares MSCI USA Momentum Factor ETF in the third quarter worth about $43,000. Finally, AdvisorNet Financial Inc lifted its holdings in iShares MSCI USA Momentum Factor ETF by 51.4% in the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after acquiring an additional 74 shares during the last quarter.
iShares MSCI USA Momentum Factor ETF Stock Up 7.7 %
Shares of BATS MTUM opened at $225.17 on Friday. The firm’s 50-day moving average price is $216.45 and its two-hundred day moving average price is $207.42. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The stock has a market capitalization of $12.19 billion, a P/E ratio of 18.53 and a beta of 1.10.
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.
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