iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Townsquare Capital LLC

Townsquare Capital LLC trimmed its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 12.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,731 shares of the company’s stock after selling 993 shares during the quarter. Townsquare Capital LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,365,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of MTUM. FMR LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 12.2% during the third quarter. FMR LLC now owns 674,367 shares of the company’s stock worth $136,735,000 after acquiring an additional 73,442 shares during the last quarter. D.A. Davidson & CO. lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 15.9% in the 3rd quarter. D.A. Davidson & CO. now owns 7,441 shares of the company’s stock valued at $1,509,000 after purchasing an additional 1,020 shares in the last quarter. Private Trust Co. NA increased its position in iShares MSCI USA Momentum Factor ETF by 6.6% during the 3rd quarter. Private Trust Co. NA now owns 2,881 shares of the company’s stock worth $584,000 after purchasing an additional 178 shares in the last quarter. Estate Counselors LLC purchased a new position in iShares MSCI USA Momentum Factor ETF in the third quarter valued at approximately $487,000. Finally, MGB Wealth Management LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the third quarter valued at approximately $148,000.

iShares MSCI USA Momentum Factor ETF Stock Up 0.6 %

MTUM opened at $216.52 on Monday. The company has a 50 day moving average of $207.70 and a two-hundred day moving average of $197.81. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The company has a market cap of $11.72 billion, a P/E 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.