Deltec Asset Management LLC Has $516,000 Stock Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

Deltec Asset Management LLC trimmed its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 81.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,150 shares of the company’s stock after selling 9,150 shares during the quarter. Deltec Asset Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $516,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bison Wealth LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 4.4% in the fourth quarter. Bison Wealth LLC now owns 3,148 shares of the company’s stock valued at $651,000 after purchasing an additional 133 shares during the period. Empowered Funds LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the 1st quarter worth about $2,488,000. Russell Investments Group Ltd. grew its position in shares of iShares MSCI USA Momentum Factor ETF by 15.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 973 shares of the company’s stock valued at $234,000 after buying an additional 128 shares during the last quarter. First Trust Advisors LP bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at about $350,000. Finally, Qube Research & Technologies Ltd increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 543.9% in the second quarter. Qube Research & Technologies Ltd now owns 127,461 shares of the company’s stock valued at $30,631,000 after buying an additional 107,665 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM opened at $328.10 on Thursday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $229.42 and a 1 year high of $345.59. The company has a market capitalization of $23.95 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. The business has a 50-day moving average of $310.07 and a 200-day moving average of $272.90.

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.