Private Advisor Group LLC Acquires 8,721 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Private Advisor Group LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 13.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 71,842 shares of the company’s stock after purchasing an additional 8,721 shares during the quarter. Private Advisor Group LLC owned 0.13% of iShares MSCI USA Momentum Factor ETF worth $14,865,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in MTUM. Fortitude Family Office LLC lifted its holdings in iShares MSCI USA Momentum Factor ETF by 1,255.6% during the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after buying an additional 113 shares in the last quarter. Signaturefd LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after acquiring an additional 155 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after purchasing an additional 188 shares during the period. Capital Performance Advisors LLP bought a new position in iShares MSCI USA Momentum Factor ETF in the third quarter worth approximately $43,000. Finally, AdvisorNet Financial Inc increased its holdings in iShares MSCI USA Momentum Factor ETF by 51.4% during the 4th 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 9.6 %

Shares of BATS MTUM opened at $229.08 on Thursday. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The business has a fifty day simple moving average of $216.18 and a two-hundred day simple moving average of $207.29. The firm has a market cap of $12.40 billion, a PE ratio of 18.53 and a beta of 1.10.

About iShares MSCI USA Momentum Factor ETF

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.