Lincoln Capital Corp Sells 244 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Lincoln Capital Corp lowered its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 14.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,459 shares of the company’s stock after selling 244 shares during the period. Lincoln Capital Corp’s holdings in iShares MSCI USA Momentum Factor ETF were worth $296,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of MTUM. Mercer Global Advisors Inc. ADV boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.9% during the second quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock valued at $1,463,815,000 after purchasing an additional 213,637 shares during the period. Blue Trust Inc. raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 20.1% during the first quarter. Blue Trust Inc. now owns 1,239,696 shares of the company’s stock valued at $232,257,000 after acquiring an additional 207,306 shares during the last quarter. Symmetry Partners LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 62.7% in the second quarter. Symmetry Partners LLC now owns 541,276 shares of the company’s stock worth $105,479,000 after purchasing an additional 208,691 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in iShares MSCI USA Momentum Factor ETF by 6.0% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 390,151 shares of the company’s stock valued at $76,029,000 after purchasing an additional 22,091 shares during the period. Finally, Arizona PSPRS Trust bought a new position in iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at approximately $69,276,000.

iShares MSCI USA Momentum Factor ETF Stock Down 0.6 %

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $205.74 on Friday. The company has a market cap of $11.14 billion, a PE ratio of 18.53 and a beta of 1.10. The business has a 50 day moving average of $200.16 and a 200 day moving average of $192.55. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week 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.