Citigroup Inc. Has $51.31 Million Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Citigroup Inc. raised its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1,266.9% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 253,036 shares of the company’s stock after purchasing an additional 234,524 shares during the period. Citigroup Inc. owned approximately 0.47% of iShares MSCI USA Momentum Factor ETF worth $51,305,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Mercer Global Advisors Inc. ADV boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 2.9% during the second quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock valued at $1,463,815,000 after buying an additional 213,637 shares during the last quarter. Assetmark Inc. grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 4.5% in the 3rd quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock worth $343,269,000 after acquiring an additional 72,891 shares in the last quarter. LPL Financial LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.0% in the third quarter. LPL Financial LLC now owns 619,786 shares of the company’s stock valued at $125,668,000 after purchasing an additional 11,968 shares during the last quarter. Symmetry Partners LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 62.7% in the second quarter. Symmetry Partners LLC now owns 541,276 shares of the company’s stock valued at $105,479,000 after purchasing an additional 208,691 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 6.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 390,151 shares of the company’s stock valued at $76,029,000 after purchasing an additional 22,091 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM stock opened at $214.91 on Friday. The company has a market capitalization of $11.64 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The company has a 50-day simple moving average of $206.00 and a two-hundred day simple moving average of $196.56.

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.