Dai ichi Life Insurance Company Ltd Has $2.83 Million Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Dai ichi Life Insurance Company Ltd reduced its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 33.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,939 shares of the company’s stock after selling 6,868 shares during the period. Dai ichi Life Insurance Company Ltd’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,826,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fortitude Family Office LLC grew its stake in shares of 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 buying 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 valued at approximately $33,000. Signaturefd LLC raised its position in shares of 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 during the period. Wellington Shields & Co. LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the first quarter worth $42,000. Finally, Capital Performance Advisors LLP bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter worth $43,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM opened at $216.26 on Wednesday. The company has a market capitalization of $11.71 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The company’s fifty day moving average price is $206.73 and its 200 day moving average price is $197.18.

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.