Legacy Private Trust Co. Sells 631 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Legacy Private Trust Co. trimmed its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 5.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,614 shares of the company’s stock after selling 631 shares during the period. Legacy Private Trust Co.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,403,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Arizona PSPRS Trust acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the second quarter worth about $69,276,000. Citigroup Inc. boosted its position in iShares MSCI USA Momentum Factor ETF by 1,266.9% during the third quarter. Citigroup Inc. now owns 253,036 shares of the company’s stock worth $51,305,000 after purchasing an additional 234,524 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in iShares MSCI USA Momentum Factor ETF by 2.9% during the second quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock valued at $1,463,815,000 after purchasing an additional 213,637 shares during the last quarter. Sanctuary Advisors LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 455.1% in the third quarter. Sanctuary Advisors LLC now owns 157,981 shares of the company’s stock valued at $33,952,000 after purchasing an additional 129,521 shares during the period. Finally, FMR LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 12.2% in the third quarter. FMR LLC now owns 674,367 shares of the company’s stock worth $136,735,000 after buying an additional 73,442 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS MTUM traded down $3.07 during trading hours on Wednesday, hitting $208.83. 915,242 shares of the stock were exchanged. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The company’s 50 day moving average is $211.18 and its 200 day moving average is $201.74. The firm has a market capitalization of $11.31 billion, a P/E ratio of 18.53 and a beta of 1.10.

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.