Blue Trust Inc. Trims Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Blue Trust Inc. lessened its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,112,232 shares of the company’s stock after selling 31,158 shares during the period. iShares MSCI USA Momentum Factor ETF accounts for approximately 2.7% of Blue Trust Inc.’s portfolio, making the stock its 12th biggest position. Blue Trust Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $225,516,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. LongView Wealth Management raised its holdings in iShares MSCI USA Momentum Factor ETF by 2.0% in the 4th quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock valued at $565,000 after buying an additional 54 shares during the period. Householder Group Estate & Retirement Specialist LLC grew its position in iShares MSCI USA Momentum Factor ETF by 5.8% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock valued at $224,000 after acquiring an additional 59 shares in the last quarter. MinichMacGregor Wealth Management LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 3.9% during the third quarter. MinichMacGregor Wealth Management LLC now owns 1,676 shares of the company’s stock worth $340,000 after buying an additional 63 shares in the last quarter. GDS Wealth Management grew its position in shares of iShares MSCI USA Momentum Factor ETF by 3.2% during the third quarter. GDS Wealth Management now owns 2,099 shares of the company’s stock worth $426,000 after buying an additional 65 shares in the last quarter. Finally, Tyche Wealth Partners LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 2.7% during the third quarter. Tyche Wealth Partners LLC now owns 2,533 shares of the company’s stock worth $514,000 after buying an additional 66 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $222.97 on Monday. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The company has a market cap of $12.07 billion, a PE ratio of 18.53 and a beta of 1.10. The business has a 50-day simple moving average of $212.86 and a 200-day simple moving average of $203.35.

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.