BNP Paribas Financial Markets Has $1.29 Million Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

BNP Paribas Financial Markets lessened its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 47.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,343 shares of the company’s stock after selling 5,836 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares MSCI USA Momentum Factor ETF were worth $1,286,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fortitude Family Office LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 1,255.6% in the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after acquiring an additional 113 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the second quarter worth $33,000. Signaturefd LLC grew its position in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after purchasing an additional 155 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at $43,000. Finally, Ashton Thomas Private Wealth LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the 2nd quarter worth about $48,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM opened at $212.98 on Tuesday. The business’s 50-day simple moving average is $209.25 and its 200 day simple moving average is $198.96. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The firm has a market capitalization of $11.53 billion, a PE ratio of 18.53 and a beta of 1.10.

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.