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

Hilltop Holdings Inc. decreased its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 78.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 3,318 shares of the company’s stock after selling 12,146 shares during the period. Hilltop Holdings Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $673,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in MTUM. Fortitude Family Office LLC boosted 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 buying an additional 113 shares during the last quarter. Abich Financial Wealth Management LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter worth about $33,000. Signaturefd LLC boosted its position in shares of 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. Capital Performance Advisors LLP purchased a new stake in iShares MSCI USA Momentum Factor ETF in the third quarter valued at approximately $43,000. Finally, Ashton Thomas Private Wealth LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the second quarter worth approximately $48,000.

iShares MSCI USA Momentum Factor ETF Stock Down 0.0 %

Shares of MTUM opened at $216.62 on Friday. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60. The company’s fifty day moving average is $208.73 and its two-hundred day moving average is $198.45. The firm has a market cap of $11.73 billion, a PE ratio of 18.53 and a beta of 1.10.

About iShares MSCI USA Momentum Factor ETF

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.