Dynamic Advisor Solutions LLC Has $338,000 Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Dynamic Advisor Solutions LLC trimmed its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 13.2% during the fourth quarter, Holdings Channel reports. The firm owned 1,632 shares of the company’s stock after selling 248 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $338,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Fortitude Family Office LLC raised its stake 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 valued at $25,000 after buying an additional 113 shares during the period. Signaturefd LLC raised 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 valued at $33,000 after purchasing an additional 155 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after buying an additional 188 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth about $43,000. Finally, AdvisorNet Financial Inc grew its stake in iShares MSCI USA Momentum Factor ETF by 51.4% in the 4th quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after buying an additional 74 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 2.3 %

Shares of MTUM stock opened at $213.85 on Tuesday. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60. The company has a market capitalization of $11.58 billion, a PE ratio of 18.53 and a beta of 1.10. The firm has a 50 day moving average price of $212.86 and a two-hundred day moving average price of $203.36.

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.