Two Sigma Securities LLC Sells 2,780 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Two Sigma Securities LLC trimmed its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 71.7% during the second quarter, HoldingsChannel.com reports. The fund owned 1,096 shares of the company’s stock after selling 2,780 shares during the period. Two Sigma Securities LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $376,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of MTUM. Cary Street Partners Financial LLC bought a new stake in iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $25,000. Triumph Capital Management bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the third quarter worth $25,000. Financial Network Wealth Advisors LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 176.3% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 105 shares of the company’s stock valued at $26,000 after buying an additional 67 shares during the period. Turtle Creek Wealth Advisors LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at $26,000. Finally, Indiana Trust & Investment Management Co bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter valued at $26,000.

iShares MSCI USA Momentum Factor ETF Trading Up 0.2%

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $297.04 on Thursday. The company has a market capitalization of $21.68 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 12 month low of $229.42 and a 12 month high of $345.59. The stock’s fifty day simple moving average is $310.77 and its 200 day simple moving average is $290.00.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.