Dorsey Wright & Associates Sells 94 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Dorsey Wright & Associates cut its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 0.7% in the second quarter, HoldingsChannel reports. The fund owned 12,803 shares of the company’s stock after selling 94 shares during the period. Dorsey Wright & Associates’ holdings in iShares MSCI USA Momentum Factor ETF were worth $2,495,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. First Personal Financial Services bought a new position in iShares MSCI USA Momentum Factor ETF in the 1st quarter worth approximately $27,000. Able Wealth Management LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $28,000. Woodmont Investment Counsel LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the first quarter worth $28,000. GAMMA Investing LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the first quarter valued at $29,000. Finally, Abich Financial Wealth Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the second quarter valued at about $33,000.

iShares MSCI USA Momentum Factor ETF Trading Down 0.7 %

iShares MSCI USA Momentum Factor ETF stock opened at $201.94 on Friday. The company has a market cap of $10.93 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The company’s 50-day moving average is $192.24 and its two-hundred day moving average is $189.75.

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.