HighTower Advisors LLC grew its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 3.2% in the second quarter, according to its most recent filing with the SEC. The fund owned 105,428 shares of the company’s stock after acquiring an additional 3,220 shares during the period. HighTower Advisors LLC owned 0.14% of iShares MSCI USA Momentum Factor ETF worth $36,144,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of the company. Cary Street Partners Financial LLC acquired a new position in iShares MSCI USA Momentum Factor ETF in the 4th quarter valued at approximately $25,000. Triumph Capital Management acquired a new position in iShares MSCI USA Momentum Factor ETF in the third quarter valued at $25,000. Financial Network Wealth Advisors LLC boosted its position in iShares MSCI USA Momentum Factor ETF by 176.3% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 105 shares of the company’s stock valued at $26,000 after acquiring an additional 67 shares during the last quarter. Turtle Creek Wealth Advisors LLC bought a new stake in iShares MSCI USA Momentum Factor ETF during the first quarter valued at $26,000. Finally, Indiana Trust & Investment Management Co acquired a new stake in iShares MSCI USA Momentum Factor ETF during the 1st quarter worth about $26,000.
iShares MSCI USA Momentum Factor ETF Trading Up 1.3%
Shares of iShares MSCI USA Momentum Factor ETF stock opened at $308.69 on Wednesday. The business has a 50-day moving average price of $308.25 and a two-hundred day moving average price of $291.48. iShares MSCI USA Momentum Factor ETF has a 1-year low of $229.42 and a 1-year high of $345.59. The company has a market cap of $22.53 billion, a P/E 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.
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