iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Stake Lessened by Trilogy Capital Inc.

Trilogy Capital Inc. lessened its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 6.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 252,008 shares of the company’s stock after selling 17,843 shares during the period. iShares MSCI USA Momentum Factor ETF accounts for approximately 2.7% of Trilogy Capital Inc.’s investment portfolio, making the stock its 8th biggest position. Trilogy Capital Inc. owned approximately 0.46% of iShares MSCI USA Momentum Factor ETF worth $47,214,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Mercer Global Advisors Inc. ADV raised its holdings in iShares MSCI USA Momentum Factor ETF by 5.1% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 6,545,629 shares of the company’s stock valued at $914,424,000 after acquiring an additional 317,802 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in iShares MSCI USA Momentum Factor ETF by 3.3% in the 4th quarter. Envestnet Asset Management Inc. now owns 7,143,076 shares of the company’s stock valued at $1,120,677,000 after acquiring an additional 229,231 shares during the last quarter. Invst LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at about $24,213,000. Royal Bank of Canada raised its holdings in iShares MSCI USA Momentum Factor ETF by 36.3% in the 3rd quarter. Royal Bank of Canada now owns 509,623 shares of the company’s stock valued at $71,195,000 after acquiring an additional 135,609 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at about $17,092,000.

iShares MSCI USA Momentum Factor ETF Stock Down 0.1 %

Shares of iShares MSCI USA Momentum Factor ETF stock traded down $0.19 during mid-day trading on Friday, hitting $194.87. The stock had a trading volume of 550,589 shares. The firm has a market cap of $10.55 billion, a P/E ratio of 18.53 and a beta of 1.10. The firm has a 50-day moving average of $187.75 and a two-hundred day moving average of $178.33. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month 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.