iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Sold by Intrust Bank NA

Intrust Bank NA lowered its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 6.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,131 shares of the company’s stock after selling 1,233 shares during the quarter. Intrust Bank NA’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,001,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Baker Avenue Asset Management LP grew its position in shares of iShares MSCI USA Momentum Factor ETF by 46.8% during the third quarter. Baker Avenue Asset Management LP now owns 279 shares of the company’s stock worth $39,000 after buying an additional 89 shares in the last quarter. Sound Income Strategies LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 281.5% during the fourth quarter. Sound Income Strategies LLC now owns 248 shares of the company’s stock worth $39,000 after purchasing an additional 183 shares during the last quarter. BluePath Capital Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the third quarter worth $41,000. Provence Wealth Management Group bought a new position in iShares MSCI USA Momentum Factor ETF during the third quarter worth $54,000. Finally, O Shaughnessy Asset Management LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 83.4% during the third quarter. O Shaughnessy Asset Management LLC now owns 576 shares of the company’s stock worth $80,000 after purchasing an additional 262 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM traded up $2.25 during trading hours on Monday, hitting $179.68. 421,929 shares of the stock were exchanged. The stock has a 50-day simple moving average of $183.42 and a 200-day simple moving average of $164.84. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The stock has a market cap of $9.86 billion, a price-to-earnings ratio of 19.19 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.