Sollinda Capital Management LLC Has $830,000 Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Sollinda Capital Management LLC trimmed its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 95.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,094 shares of the company’s stock after selling 77,767 shares during the quarter. Sollinda Capital Management LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $830,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Fortitude Family Office LLC increased its position in iShares MSCI USA Momentum Factor ETF by 1,255.6% during the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after acquiring an additional 113 shares during the period. Signaturefd LLC increased its position in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after acquiring an additional 155 shares during the period. Abich Financial Wealth Management LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the second quarter worth about $33,000. Wellington Shields & Co. LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the first quarter worth about $42,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in iShares MSCI USA Momentum Factor ETF during the second quarter worth about $48,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS:MTUM traded down $0.71 during mid-day trading on Friday, reaching $201.70. 614,734 shares of the company’s stock were exchanged. iShares MSCI USA Momentum Factor ETF has a one year low of $81.37 and a one year high of $113.60. The firm has a market capitalization of $10.92 billion, a PE ratio of 18.53 and a beta of 1.10. The business’s fifty day simple moving average is $200.89 and its two-hundred day simple moving average is $193.23.

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.