National Bank of Canada FI Sells 493 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

National Bank of Canada FI decreased its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 23.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,584 shares of the company’s stock after selling 493 shares during the period. National Bank of Canada FI’s holdings in iShares MSCI USA Momentum Factor ETF were worth $321,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. MinichMacGregor Wealth Management LLC grew its position in iShares MSCI USA Momentum Factor ETF by 3.9% in the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 1,676 shares of the company’s stock worth $340,000 after purchasing an additional 63 shares during the last quarter. GDS Wealth Management lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.2% in the third quarter. GDS Wealth Management now owns 2,099 shares of the company’s stock valued at $426,000 after buying an additional 65 shares during the period. Tyche Wealth Partners LLC grew its position in iShares MSCI USA Momentum Factor ETF by 2.7% during the third quarter. Tyche Wealth Partners LLC now owns 2,533 shares of the company’s stock worth $514,000 after buying an additional 66 shares in the last quarter. Signature Estate & Investment Advisors LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 0.6% during the third quarter. Signature Estate & Investment Advisors LLC now owns 11,140 shares of the company’s stock valued at $2,259,000 after acquiring an additional 66 shares during the period. Finally, Eagle Strategies LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 2.6% in the 3rd quarter. Eagle Strategies LLC now owns 3,024 shares of the company’s stock valued at $613,000 after acquiring an additional 77 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 1.2 %

Shares of MTUM stock opened at $214.29 on Monday. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The company has a market capitalization of $11.60 billion, a P/E ratio of 18.53 and a beta of 1.10. The stock has a 50 day moving average of $210.07 and a two-hundred day moving average of $199.51.

iShares MSCI USA Momentum Factor ETF 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.