Glenview Trust co Sells 2,300 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Glenview Trust co cut its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 88,740 shares of the company’s stock after selling 2,300 shares during the quarter. Glenview Trust co’s holdings in iShares MSCI USA Momentum Factor ETF were worth $18,362,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Sheaff Brock Investment Advisors LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 10.0% during the third quarter. Sheaff Brock Investment Advisors LLC now owns 6,797 shares of the company’s stock valued at $1,378,000 after buying an additional 617 shares during the last quarter. Straight Path Wealth Management raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 0.5% during the 3rd quarter. Straight Path Wealth Management now owns 62,935 shares of the company’s stock worth $12,761,000 after acquiring an additional 335 shares in the last quarter. Accredited Investors Inc. purchased a new stake in iShares MSCI USA Momentum Factor ETF during the third quarter valued at approximately $200,000. EQ LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the third quarter valued at approximately $201,000. Finally, Aviance Capital Partners LLC purchased a new position in iShares MSCI USA Momentum Factor ETF in the third quarter worth $203,000.

iShares MSCI USA Momentum Factor ETF Trading Down 3.3 %

Shares of MTUM opened at $202.19 on Friday. The firm has a market cap of $13.90 billion, a PE ratio of 27.42 and a beta of 0.99. iShares MSCI USA Momentum Factor ETF has a 12 month low of $168.49 and a 12 month high of $229.77. The stock has a fifty day moving average price of $216.02 and a 200-day moving average price of $209.64.

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.