Trilogy Capital Inc. Has $12.05 Million Stock Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

Trilogy Capital Inc. trimmed its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 6.5% in the third quarter, Holdings Channel.com reports. The fund owned 47,004 shares of the company’s stock after selling 3,285 shares during the quarter. Trilogy Capital Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $12,054,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of MTUM. Envestnet Asset Management Inc. raised its position in shares of iShares MSCI USA Momentum Factor ETF by 9.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,639,702 shares of the company’s stock worth $3,037,545,000 after acquiring an additional 1,094,104 shares in the last quarter. Raymond James Financial Inc. increased its stake in iShares MSCI USA Momentum Factor ETF by 0.4% in the second quarter. Raymond James Financial Inc. now owns 2,942,400 shares of the company’s stock valued at $707,117,000 after purchasing an additional 12,526 shares in the last quarter. Assetmark Inc. raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.4% during the second quarter. Assetmark Inc. now owns 1,855,684 shares of the company’s stock valued at $445,958,000 after purchasing an additional 42,864 shares during the period. Ameriprise Financial Inc. boosted its holdings in iShares MSCI USA Momentum Factor ETF by 15.8% in the second quarter. Ameriprise Financial Inc. now owns 1,231,042 shares of the company’s stock worth $295,986,000 after acquiring an additional 168,340 shares in the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 0.7% in the 2nd quarter. Blue Trust Inc. now owns 1,210,478 shares of the company’s stock worth $290,902,000 after purchasing an additional 8,459 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS MTUM opened at $257.15 on Friday. The company has a 50-day moving average price of $249.98 and a 200-day moving average price of $247.97. The stock has a market capitalization of $18.77 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 1 year low of $168.49 and a 1 year high of $240.99.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.