NTV Asset Management LLC Has $996,000 Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

NTV Asset Management LLC lessened its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 9.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 6,350 shares of the company’s stock after selling 650 shares during the quarter. NTV Asset Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $996,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of MTUM. Sound Income Strategies LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 281.5% during the 4th quarter. Sound Income Strategies LLC now owns 248 shares of the company’s stock worth $39,000 after purchasing an additional 183 shares during the last quarter. Baker Avenue Asset Management LP raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 46.8% during the 3rd quarter. Baker Avenue Asset Management LP now owns 279 shares of the company’s stock worth $39,000 after purchasing an additional 89 shares in the last quarter. BluePath Capital Management LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth approximately $41,000. Provence Wealth Management Group bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth approximately $54,000. Finally, Signature Resources Capital Management LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth approximately $74,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM traded up $2.89 during trading hours on Friday, reaching $180.10. The company’s stock had a trading volume of 949,531 shares. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60. The company’s 50-day moving average is $183.47 and its 200-day moving average is $165.78. The firm has a market cap of $9.75 billion, a PE ratio of 18.53 and a beta of 1.10.

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.