Wedmont Private Capital Grows Stock Position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Wedmont Private Capital lifted its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 9.3% in the 4th quarter, Holdings Channel reports. The fund owned 1,972 shares of the company’s stock after buying an additional 168 shares during the quarter. Wedmont Private Capital’s holdings in iShares MSCI USA Momentum Factor ETF were worth $408,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Signaturefd LLC grew its stake in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after buying an additional 155 shares in the last quarter. Arizona PSPRS Trust grew its position in shares of iShares MSCI USA Momentum Factor ETF by 2.0% in the third quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock valued at $73,523,000 after purchasing an additional 7,115 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 407.5% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,060 shares of the company’s stock valued at $791,000 after purchasing an additional 3,260 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in iShares MSCI USA Momentum Factor ETF by 2.9% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock worth $1,463,815,000 after purchasing an additional 213,637 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in iShares MSCI USA Momentum Factor ETF by 2.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 203,140 shares of the company’s stock worth $39,586,000 after purchasing an additional 4,802 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 1.9 %

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $212.98 on Thursday. The company’s 50-day moving average price is $211.70 and its 200-day moving average price is $202.28. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60. The company has a market cap of $11.53 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10.

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.