UBS Group AG Sells 82,885 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

UBS Group AG reduced its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUMFree Report) by 11.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 622,571 shares of the company’s stock after selling 82,885 shares during the quarter. UBS Group AG’s holdings in iShares MSCI USA Momentum Factor ETF were worth $86,973,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. WFA of San Diego LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at $28,000. Coastal Investment Advisors Inc. bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at $29,000. Cary Street Partners Investment Advisory LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,428.6% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 214 shares of the company’s stock valued at $31,000 after purchasing an additional 200 shares during the last quarter. Strategic Investment Solutions Inc. IL bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at $31,000. Finally, Fortis Capital Advisors LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 44.9% in the 1st quarter. Fortis Capital Advisors LLC now owns 271 shares of the company’s stock valued at $38,000 after purchasing an additional 84 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM opened at $178.46 on Monday. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The business’s fifty day moving average is $159.93 and its 200-day moving average is $149.65. The firm has a market cap of $11.10 billion, a price-to-earnings ratio of 19.35 and a beta of 0.91.

iShares MSCI USA Momentum Factor ETF Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding MTUM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Momentum Factor ETF (BATS:MTUMFree Report).

Institutional Ownership by Quarter for iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

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