Caprock Group LLC Invests $2.26 Million in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Caprock Group LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 10,940 shares of the company’s stock, valued at approximately $2,264,000.

Other hedge funds have also recently bought and sold shares of the company. Fortitude Family Office LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% in the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after purchasing an additional 113 shares during the last quarter. Signaturefd LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after acquiring an additional 155 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after acquiring an additional 188 shares in the last quarter. Capital Performance Advisors LLP acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter worth $43,000. Finally, AdvisorNet Financial Inc raised its position in shares of iShares MSCI USA Momentum Factor ETF by 51.4% during the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after purchasing an additional 74 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Up 4.9 %

BATS:MTUM opened at $219.20 on Friday. The stock has a fifty day simple moving average of $213.40 and a 200 day simple moving average of $203.94. The firm has a market capitalization of $11.87 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 1-year low of $81.37 and a 1-year high of $113.60.

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.