iShares MSCI USA Momentum Factor ETF $MTUM Shares Sold by Glenview Trust Co

Glenview Trust Co reduced its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 6.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 74,748 shares of the company’s stock after selling 5,061 shares during the quarter. Glenview Trust Co’s holdings in iShares MSCI USA Momentum Factor ETF were worth $18,710,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Caprock Group LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at $3,283,000. Braun Bostich & Associates Inc. raised its stake in iShares MSCI USA Momentum Factor ETF by 63.4% in the 4th quarter. Braun Bostich & Associates Inc. now owns 11,497 shares of the company’s stock valued at $2,878,000 after purchasing an additional 4,463 shares during the last quarter. BCGM Wealth Management LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 45.0% in the 4th quarter. BCGM Wealth Management LLC now owns 25,663 shares of the company’s stock valued at $6,424,000 after buying an additional 7,960 shares in the last quarter. Cypress Wealth Services LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 63.6% in the 4th quarter. Cypress Wealth Services LLC now owns 14,772 shares of the company’s stock valued at $3,698,000 after buying an additional 5,740 shares in the last quarter. Finally, Flagship Capital Management Inc. purchased a new stake in iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $1,779,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM opened at $303.60 on Monday. The business has a fifty day moving average of $269.31 and a two-hundred day moving average of $257.86. The stock has a market cap of $22.16 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 52-week low of $223.47 and a 52-week high of $307.96.

iShares MSCI USA Momentum Factor ETF Company 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.