iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Bought by QRG Capital Management Inc.

QRG Capital Management Inc. increased its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 22.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,694 shares of the company’s stock after purchasing an additional 1,206 shares during the quarter. QRG Capital Management Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,385,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in MTUM. Gries Financial LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 1.6% in the 4th quarter. Gries Financial LLC now owns 3,066 shares of the company’s stock worth $634,000 after purchasing an additional 48 shares in the last quarter. LongView Wealth Management boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.0% in the fourth quarter. LongView Wealth Management now owns 2,729 shares of the company’s stock worth $565,000 after buying an additional 54 shares during the period. MGB Wealth Management LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 7.7% in the fourth quarter. MGB Wealth Management LLC now owns 788 shares of the company’s stock worth $163,000 after acquiring an additional 56 shares in the last quarter. D.A. Davidson & CO. raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 0.8% during the fourth quarter. D.A. Davidson & CO. now owns 7,498 shares of the company’s stock valued at $1,551,000 after acquiring an additional 57 shares during the period. Finally, Householder Group Estate & Retirement Specialist LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 5.8% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,084 shares of the company’s stock valued at $224,000 after acquiring an additional 59 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

iShares MSCI USA Momentum Factor ETF stock opened at $214.18 on Tuesday. The company has a 50 day moving average price of $217.33 and a 200 day moving average price of $209.36. 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 capitalization of $15.37 billion, a price-to-earnings ratio of 28.87 and a beta of 0.98.

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.