Barclays PLC Trims Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Barclays PLC trimmed its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 91.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 337 shares of the company’s stock after selling 3,660 shares during the quarter. Barclays PLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $70,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Duncker Streett & Co. Inc. purchased a new stake in iShares MSCI USA Momentum Factor ETF in the 4th quarter worth approximately $25,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter worth $30,000. Mainstream Capital Management LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in iShares MSCI USA Momentum Factor ETF by 1,880.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after buying an additional 188 shares during the period. Finally, AdvisorNet Financial Inc grew its position in iShares MSCI USA Momentum Factor ETF by 51.4% during the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after buying an additional 74 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 9.1%

Shares of BATS MTUM opened at $228.08 on Thursday. The stock’s 50-day simple moving average is $203.21 and its two-hundred day simple moving average is $210.48. iShares MSCI USA Momentum Factor ETF has a twelve month low of $168.49 and a twelve month high of $229.77. The firm has a market capitalization of $16.63 billion, a P/E ratio of 28.96 and a beta of 1.00.

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.