Prudential PLC reduced its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 98.1% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 2,782 shares of the company’s stock after selling 140,310 shares during the quarter. Prudential PLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $542,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in the business. First Personal Financial Services purchased a new stake in iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at about $27,000. Able Wealth Management LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at about $28,000. Woodmont Investment Counsel LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at about $28,000. GAMMA Investing LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at about $29,000. Finally, Family Capital Trust Co purchased a new stake in iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at about $34,000.
iShares MSCI USA Momentum Factor ETF Stock Performance
iShares MSCI USA Momentum Factor ETF stock opened at $195.16 on Friday. The business’s 50-day simple moving average is $191.92 and its two-hundred day simple moving average is $188.65. The company has a market cap of $10.57 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60.
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.
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Want to see what other hedge funds are holding MTUM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report).
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