Dai ichi Life Insurance Company Ltd trimmed its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 36.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,807 shares of the company’s stock after selling 11,909 shares during the period. Dai ichi Life Insurance Company Ltd’s holdings in iShares MSCI USA Momentum Factor ETF were worth $4,055,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. First Personal Financial Services acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the first quarter valued at approximately $27,000. Woodmont Investment Counsel LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at approximately $28,000. GAMMA Investing LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the first quarter worth approximately $29,000. Able Wealth Management LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $28,000. Finally, Family Capital Trust Co acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter worth $34,000.
iShares MSCI USA Momentum Factor ETF Stock Up 0.8 %
Shares of iShares MSCI USA Momentum Factor ETF stock opened at $196.76 on Friday. The firm has a market cap of $10.65 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The company’s 50-day simple moving average is $191.88 and its 200-day simple moving average is $188.82.
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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