iShares MSCI USA Momentum Factor ETF $MTUM Position Lowered by Glenview Trust co

Glenview Trust co reduced its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.6% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 82,068 shares of the company’s stock after selling 2,169 shares during the period. Glenview Trust co’s holdings in iShares MSCI USA Momentum Factor ETF were worth $19,723,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of MTUM. Harbor Investment Advisory LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 262.2% during the 2nd quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock worth $39,000 after buying an additional 118 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 45.0% in the 2nd quarter. GAMMA Investing LLC now owns 216 shares of the company’s stock valued at $52,000 after acquiring an additional 67 shares during the last quarter. Hilltop National Bank acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at approximately $55,000. Fortitude Family Office LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 109.0% during the second quarter. Fortitude Family Office LLC now owns 255 shares of the company’s stock worth $61,000 after purchasing an additional 133 shares during the last quarter. Finally, Hantz Financial Services Inc. bought a new position in iShares MSCI USA Momentum Factor ETF during the second quarter worth $65,000.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM stock opened at $255.93 on Thursday. iShares MSCI USA Momentum Factor ETF has a 1-year low of $168.49 and a 1-year high of $240.99. The firm has a fifty day moving average price of $250.86 and a two-hundred day moving average price of $244.76. The firm has a market cap of $18.68 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02.

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.