iShares MSCI USA Momentum Factor ETF $MTUM Shares Acquired by Lantz Financial LLC

Lantz Financial LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 58.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,613 shares of the company’s stock after buying an additional 3,919 shares during the quarter. Lantz Financial LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,656,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Raymond James Financial Inc. lifted its position in iShares MSCI USA Momentum Factor ETF by 4.1% during the 3rd quarter. Raymond James Financial Inc. now owns 3,063,251 shares of the company’s stock worth $785,571,000 after acquiring an additional 120,851 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 7.4% in the third quarter. Ameriprise Financial Inc. now owns 1,321,883 shares of the company’s stock valued at $339,023,000 after purchasing an additional 90,841 shares during the period. Bank of America Corp DE increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 8.3% in the third quarter. Bank of America Corp DE now owns 1,239,000 shares of the company’s stock valued at $317,742,000 after purchasing an additional 94,881 shares during the period. State of Michigan Retirement System raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 1.4% in the third quarter. State of Michigan Retirement System now owns 1,223,490 shares of the company’s stock worth $313,764,000 after purchasing an additional 17,400 shares during the last quarter. Finally, Cerity Partners LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 2.6% in the third quarter. Cerity Partners LLC now owns 1,151,952 shares of the company’s stock worth $295,418,000 after purchasing an additional 29,230 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

iShares MSCI USA Momentum Factor ETF stock opened at $235.76 on Monday. The stock has a 50-day moving average price of $250.90 and a 200 day moving average price of $251.82. The company has a market capitalization of $17.21 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 52 week low of $171.51 and a 52 week high of $262.10.

iShares MSCI USA Momentum Factor ETF Company 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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.