iShares MSCI USA Momentum Factor ETF $MTUM Stock Sold by Vise Technologies Inc.

Vise Technologies Inc. trimmed its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 42.2% in the third quarter, Holdings Channel reports. The firm owned 56,041 shares of the company’s stock after selling 40,955 shares during the period. Vise Technologies Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $17,784,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. New England Private Wealth Advisors LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 0.3% in the third quarter. New England Private Wealth Advisors LLC now owns 10,339 shares of the company’s stock valued at $3,281,000 after buying an additional 34 shares in the last quarter. Beacon Financial Advisory LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 2.5% during the first quarter. Beacon Financial Advisory LLC now owns 1,504 shares of the company’s stock valued at $361,000 after acquiring an additional 36 shares during the last quarter. Signaturefd LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 5.4% in the third quarter. Signaturefd LLC now owns 762 shares of the company’s stock worth $242,000 after buying an additional 39 shares in the last quarter. 1ST Source Bank lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 4.9% during the 1st quarter. 1ST Source Bank now owns 944 shares of the company’s stock worth $227,000 after purchasing an additional 44 shares during the last quarter. Finally, LifeSteps Financial Inc. raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.8% in the 3rd quarter. LifeSteps Financial Inc. now owns 1,677 shares of the company’s stock valued at $532,000 after purchasing an additional 46 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Down 4.8%

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $284.10 on Friday. The stock has a market cap of $20.74 billion, a PE ratio of 28.67 and a beta of 1.02. The business has a fifty day simple moving average of $306.44 and a 200 day simple moving average of $289.79. iShares MSCI USA Momentum Factor ETF has a 12 month low of $229.42 and a 12 month high of $345.59.

Shares of iShares MSCI USA Momentum Factor ETF are going to split before the market opens on Thursday, November 5th. The 4-1 split was recently announced. The newly created shares will be distributed to shareholders after the closing bell on Wednesday, November 4th.

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.