Citizens National Bank Trust Department Has $945,000 Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

by · The Markets Daily

Citizens National Bank Trust Department raised its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUMFree Report) by 324.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,686 shares of the company’s stock after purchasing an additional 2,817 shares during the period. Citizens National Bank Trust Department’s holdings in iShares MSCI USA Momentum Factor ETF were worth $945,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Harbor Investment Advisory LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 262.2% in the second quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock valued at $39,000 after buying an additional 118 shares during the period. WFA of San Diego LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at approximately $46,000. GAMMA Investing LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 45.0% in the 2nd quarter. GAMMA Investing LLC now owns 216 shares of the company’s stock valued at $52,000 after acquiring an additional 67 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 397.8% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 224 shares of the company’s stock worth $57,000 after purchasing an additional 179 shares in the last quarter. Finally, Hilltop National Bank acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter worth approximately $55,000.

iShares MSCI USA Momentum Factor ETF Trading Up 22.7%

MTUM opened at $256.49 on Thursday. The stock has a market cap of $18.72 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 1 year low of $168.49 and a 1 year high of $240.99. The stock’s 50 day simple moving average is $249.92 and its 200-day simple moving average is $247.70.

About iShares MSCI USA Momentum Factor ETF

(Free Report)

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.

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