Indiana Trust & Investment Management CO Acquires New Stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Indiana Trust & Investment Management CO purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 681 shares of the company’s stock, valued at approximately $128,000.

Other institutional investors have also modified their holdings of the company. Able Wealth Management LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the fourth quarter worth approximately $28,000. GAMMA Investing LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 1st quarter worth $29,000. Baker Avenue Asset Management LP raised its position in shares of iShares MSCI USA Momentum Factor ETF by 46.8% during the third quarter. Baker Avenue Asset Management LP now owns 279 shares of the company’s stock worth $39,000 after purchasing an additional 89 shares during the period. Sound Income Strategies LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 281.5% during the fourth quarter. Sound Income Strategies LLC now owns 248 shares of the company’s stock valued at $39,000 after purchasing an additional 183 shares during the last quarter. Finally, Richardson Financial Services Inc. acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at $56,000.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM traded down $0.22 during trading on Friday, reaching $194.84. The company had a trading volume of 550,589 shares. The firm’s 50-day simple moving average is $187.32 and its 200 day simple moving average is $177.87. The company has a market cap of $10.55 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month 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.