OVERSEA CHINESE BANKING Corp Ltd Has $11.79 Million Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

OVERSEA CHINESE BANKING Corp Ltd lessened its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 8.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 56,981 shares of the company’s stock after selling 5,033 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares MSCI USA Momentum Factor ETF were worth $11,791,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Gries Financial LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 1.6% in the 4th quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock worth $634,000 after purchasing an additional 48 shares during the last quarter. LongView Wealth Management boosted its holdings in iShares MSCI USA Momentum Factor ETF by 2.0% during the fourth quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock worth $565,000 after buying an additional 54 shares during the last quarter. MGB Wealth Management LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 7.7% during the 4th quarter. MGB Wealth Management LLC now owns 788 shares of the company’s stock worth $163,000 after buying an additional 56 shares during the period. D.A. Davidson & CO. increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 0.8% in the 4th quarter. D.A. Davidson & CO. now owns 7,498 shares of the company’s stock valued at $1,551,000 after acquiring an additional 57 shares during the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 5.8% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock valued at $224,000 after acquiring an additional 59 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

iShares MSCI USA Momentum Factor ETF stock opened at $200.22 on Wednesday. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $168.49 and a fifty-two week high of $229.77. The firm has a market capitalization of $13.77 billion, a price-to-earnings ratio of 27.42 and a beta of 0.99. The company’s 50 day simple moving average is $215.65 and its 200 day simple moving average is $209.84.

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.