Two Sigma Securities LLC Has $376,000 Stock Position in iShares MSCI USA Momentum Factor ETF $MTUM

Two Sigma Securities LLC lessened its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 71.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,096 shares of the company’s stock after selling 2,780 shares during the quarter. Two Sigma Securities LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $376,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Triumph Capital Management bought a new stake in iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth about $25,000. Cary Street Partners Financial LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at about $25,000. Financial Network Wealth Advisors LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 176.3% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 105 shares of the company’s stock worth $26,000 after buying an additional 67 shares during the period. Fairway Wealth LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter worth approximately $36,000. Finally, Turtle Creek Wealth Advisors LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the first quarter worth approximately $26,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS MTUM opened at $297.04 on Thursday. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $229.42 and a fifty-two week high of $345.59. The firm has a market capitalization of $21.68 billion, a P/E ratio of 28.67 and a beta of 1.02. The company’s 50 day simple moving average is $310.77 and its 200 day simple moving average is $290.00.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.