FTB Advisors Inc. increased its holdings in iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM) by 12.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,913 shares of the company’s stock after acquiring an additional 3,123 shares during the quarter. FTB Advisors Inc.’s holdings in iShares Edge MSCI USA Momentum Factor ETF were worth $3,440,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in MTUM. Steward Partners Investment Advisory LLC increased its holdings in shares of iShares Edge MSCI USA Momentum Factor ETF by 327.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 12,880 shares of the company’s stock valued at $1,413,000 after acquiring an additional 9,864 shares during the period. Patriot Wealth Management Inc. acquired a new position in shares of iShares Edge MSCI USA Momentum Factor ETF in the 2nd quarter valued at $8,121,000. Mengis Capital Management Inc. increased its holdings in shares of iShares Edge MSCI USA Momentum Factor ETF by 31.1% in the 2nd quarter. Mengis Capital Management Inc. now owns 2,950 shares of the company’s stock valued at $323,000 after acquiring an additional 700 shares during the period. Paragon Wealth Strategies LLC increased its stake in iShares Edge MSCI USA Momentum Factor ETF by 16.8% in the 2nd quarter. Paragon Wealth Strategies LLC now owns 4,738 shares of the company’s stock valued at $520,000 after buying an additional 681 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in iShares Edge MSCI USA Momentum Factor ETF by 52.7% in the 2nd quarter. Janney Montgomery Scott LLC now owns 585,865 shares of the company’s stock valued at $64,269,000 after buying an additional 202,084 shares during the period.

Shares of MTUM opened at $107.49 on Monday. iShares Edge MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60.

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Institutional Ownership by Quarter for iShares Edge MSCI USA Momentum Factor ETF (BATS:MTUM)

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