First Citizens Financial Corp Lowers Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

First Citizens Financial Corp decreased its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 8.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,797 shares of the company’s stock after selling 368 shares during the quarter. First Citizens Financial Corp’s holdings in iShares MSCI USA Momentum Factor ETF were worth $786,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of MTUM. Fortitude Family Office LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% during the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after purchasing an additional 113 shares in the last quarter. Signaturefd LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after buying an additional 155 shares in the last quarter. Abich Financial Wealth Management LLC bought a new stake in iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth approximately $33,000. Capital Performance Advisors LLP purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth approximately $43,000. Finally, JDM Financial Group LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at approximately $50,000.

iShares MSCI USA Momentum Factor ETF Stock Up 0.5 %

iShares MSCI USA Momentum Factor ETF stock traded up $1.06 during mid-day trading on Friday, reaching $207.98. 920,701 shares of the company’s stock traded hands. The stock has a 50 day moving average of $210.92 and a two-hundred day moving average of $201.42. The company has a market cap of $11.26 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60.

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.