Claro Advisors LLC Invests $2.08 Million in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Claro Advisors LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 10,048 shares of the company’s stock, valued at approximately $2,079,000.

Other large investors also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth approximately $48,000. Thoroughbred Financial Services LLC raised its holdings in iShares MSCI USA Momentum Factor ETF by 2.4% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 6,518 shares of the company’s stock worth $1,270,000 after purchasing an additional 151 shares during the period. Mercer Global Advisors Inc. ADV lifted its position in 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 purchasing an additional 213,637 shares in the last quarter. Blair William & Co. IL increased its position in iShares MSCI USA Momentum Factor ETF by 1.9% in the second quarter. Blair William & Co. IL now owns 8,068 shares of the company’s stock worth $1,572,000 after buying an additional 149 shares in the last quarter. Finally, Bright Financial Advisors Inc. bought a new position in shares of iShares MSCI USA Momentum Factor ETF in the second quarter worth about $2,759,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM traded down $2.88 during mid-day trading on Monday, reaching $206.90. 1,026,117 shares of the company traded hands. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60. The firm has a market cap of $11.20 billion, a PE ratio of 18.53 and a beta of 1.10. The company’s 50 day moving average price is $211.56 and its 200-day moving average price is $202.07.

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.