SeaCrest Wealth Management LLC Has $345,000 Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

SeaCrest Wealth Management LLC reduced its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 25.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,840 shares of the company’s stock after selling 620 shares during the period. SeaCrest Wealth Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $345,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. O Shaughnessy Asset Management LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 83.4% in the third quarter. O Shaughnessy Asset Management LLC now owns 576 shares of the company’s stock worth $80,000 after purchasing an additional 262 shares during the period. Trexquant Investment LP acquired a new stake in iShares MSCI USA Momentum Factor ETF in the third quarter worth $743,000. Qube Research & Technologies Ltd raised its holdings in iShares MSCI USA Momentum Factor ETF by 88.2% in the third quarter. Qube Research & Technologies Ltd now owns 15,600 shares of the company’s stock worth $2,179,000 after purchasing an additional 7,311 shares during the period. Rainsberger Wealth Advisors Inc. raised its holdings in iShares MSCI USA Momentum Factor ETF by 1.2% in the third quarter. Rainsberger Wealth Advisors Inc. now owns 52,656 shares of the company’s stock worth $7,356,000 after purchasing an additional 630 shares during the period. Finally, Royal Bank of Canada raised its holdings in iShares MSCI USA Momentum Factor ETF by 36.3% in the third quarter. Royal Bank of Canada now owns 509,623 shares of the company’s stock worth $71,195,000 after purchasing an additional 135,609 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM opened at $198.03 on Thursday. The firm’s fifty day moving average is $188.89 and its two-hundred day moving average is $179.22. The firm has a market cap of $10.72 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60.

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.