Kings Path Partners LLC Reduces Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Kings Path Partners LLC trimmed its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 45.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 229 shares of the company’s stock after selling 191 shares during the period. Kings Path Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $47,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fortitude Family Office LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% during the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after buying an additional 113 shares during the last quarter. Signaturefd LLC grew its position in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after acquiring an additional 155 shares during the last quarter. Abich Financial Wealth Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at $33,000. Capital Performance Advisors LLP purchased a new stake in iShares MSCI USA Momentum Factor ETF in the third quarter worth $43,000. Finally, JDM Financial Group LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the third quarter worth $50,000.

iShares MSCI USA Momentum Factor ETF Trading Up 1.6 %

Shares of BATS MTUM traded up $3.28 during mid-day trading on Monday, reaching $211.26. The company had a trading volume of 794,967 shares. The stock has a market cap of $11.44 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60. The business’s 50-day moving average is $210.97 and its 200-day moving average is $201.51.

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.