iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. lowered its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 34,557 shares of the company’s stock after selling 1,102 shares during the quarter. Harbour Investments Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $7,150,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of 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 valued at $41,000 after buying an additional 188 shares in the last quarter. AdvisorNet Financial Inc raised its stake 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 during the last quarter. Vontobel Holding Ltd. acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth $432,000. Kingsview Wealth Management LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 17.9% during the 4th quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock worth $275,000 after buying an additional 202 shares during the last quarter. Finally, Summit X LLC raised its stake in shares of 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 worth $4,582,000 after buying an additional 20,682 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Down 3.3 %

BATS:MTUM opened at $202.19 on Friday. The company has a market capitalization of $13.90 billion, a PE ratio of 27.42 and a beta of 0.99. iShares MSCI USA Momentum Factor ETF has a 52-week low of $168.49 and a 52-week high of $229.77. The stock has a fifty day simple moving average of $216.02 and a 200-day simple moving average of $209.64.

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.