Security Financial Services INC. Sells 250 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Security Financial Services INC. decreased its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 5.1% in the second quarter, HoldingsChannel reports. The firm owned 4,698 shares of the company’s stock after selling 250 shares during the quarter. Security Financial Services INC.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,129,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in MTUM. Cullen Frost Bankers Inc. bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 1st quarter valued at about $26,000. Harbor Investment Advisory LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 262.2% during the 2nd quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock worth $39,000 after acquiring an additional 118 shares during the period. GAMMA Investing LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 45.0% in the 2nd quarter. GAMMA Investing LLC now owns 216 shares of the company’s stock worth $52,000 after acquiring an additional 67 shares in the last quarter. Hilltop National Bank purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at approximately $55,000. Finally, Fortitude Family Office LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 109.0% during the second quarter. Fortitude Family Office LLC now owns 255 shares of the company’s stock valued at $61,000 after purchasing an additional 133 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 17.7%

MTUM opened at $245.92 on Friday. iShares MSCI USA Momentum Factor ETF has a 12-month low of $168.49 and a 12-month high of $240.99. The company has a market cap of $17.95 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. The stock has a fifty day simple moving average of $253.39 and a two-hundred day simple moving average of $241.35.

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.