iShares MSCI USA Momentum Factor ETF $MTUM Shares Bought by Keystone Financial Group

Keystone Financial Group grew its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 39.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 37,837 shares of the company’s stock after buying an additional 10,770 shares during the period. Keystone Financial Group’s holdings in iShares MSCI USA Momentum Factor ETF were worth $9,471,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Triumph Capital Management purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at $25,000. Dagco Inc. purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at $25,000. Eagle Bay Advisors LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at $26,000. United Financial Planning Group LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at $28,000. Finally, Howe & Rusling Inc. grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 425.0% during the 3rd quarter. Howe & Rusling Inc. now owns 126 shares of the company’s stock valued at $32,000 after buying an additional 102 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Up 0.9%

Shares of BATS MTUM opened at $302.16 on Friday. iShares MSCI USA Momentum Factor ETF has a 52-week low of $223.47 and a 52-week high of $307.96. The firm has a fifty day moving average of $268.22 and a 200-day moving average of $257.51. The stock has a market capitalization of $22.06 billion, a PE ratio of 28.67 and a beta of 1.02.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.