Lincoln National Corp Has $1.74 Million Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Lincoln National Corp cut its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 13.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,066 shares of the company’s stock after selling 1,723 shares during the quarter. Lincoln National Corp’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,736,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of MTUM. Baker Avenue Asset Management LP increased 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 acquiring an additional 89 shares in the last quarter. Sound Income Strategies LLC lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 281.5% in 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 in the last quarter. Provence Wealth Management Group bought a new stake in iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at $54,000. Signature Resources Capital Management LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth about $74,000. Finally, O Shaughnessy Asset Management LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 83.4% during the third quarter. O Shaughnessy Asset Management LLC now owns 576 shares of the company’s stock worth $80,000 after acquiring an additional 262 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Down 0.1 %

Shares of iShares MSCI USA Momentum Factor ETF stock traded down $0.11 during trading on Wednesday, reaching $183.65. The company’s stock had a trading volume of 1,636,421 shares. The firm has a market cap of $9.94 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60. The business’s 50-day moving average price is $183.59 and its 200-day moving average price is $166.75.

About iShares MSCI USA Momentum Factor ETF

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.