iShares MSCI USA Momentum Factor ETF (BATS:MTUM) is High Probability Advisors LLC’s 2nd Largest Position

High Probability Advisors LLC raised its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 287,162 shares of the company’s stock after purchasing an additional 9,675 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for about 10.7% of High Probability Advisors LLC’s holdings, making the stock its 2nd biggest position. High Probability Advisors LLC owned approximately 0.53% of iShares MSCI USA Momentum Factor ETF worth $59,419,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Fortitude Family Office LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% in the third 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. Abich Financial Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter worth $33,000. Signaturefd LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after purchasing an additional 155 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after purchasing an additional 188 shares during the period. Finally, Capital Performance Advisors LLP purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at about $43,000.

iShares MSCI USA Momentum Factor ETF Trading Up 7.0 %

MTUM stock opened at $223.65 on Friday. 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 market cap of $12.11 billion, a P/E ratio of 18.53 and a beta of 1.10. The company’s 50-day moving average price is $212.29 and its 200 day moving average price is $203.02.

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.