Strategic Investment Advisors MI Acquires 1,494 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Strategic Investment Advisors MI lifted its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 4.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 31,808 shares of the company’s stock after buying an additional 1,494 shares during the period. Strategic Investment Advisors MI’s holdings in iShares MSCI USA Momentum Factor ETF were worth $6,582,000 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. Park Avenue Securities LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,055.4% in the 4th quarter. Park Avenue Securities LLC now owns 507,294 shares of the company’s stock worth $104,969,000 after buying an additional 463,387 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 140.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 425,097 shares of the company’s stock worth $87,961,000 after buying an additional 248,600 shares during the last quarter. Citigroup Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,266.9% in the 3rd quarter. Citigroup Inc. now owns 253,036 shares of the company’s stock worth $51,305,000 after buying an additional 234,524 shares during the last quarter. Sanctuary Advisors LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 455.1% in the 3rd quarter. Sanctuary Advisors LLC now owns 157,981 shares of the company’s stock worth $33,952,000 after buying an additional 129,521 shares during the last quarter. Finally, FMR LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 12.2% in the 3rd quarter. FMR LLC now owns 674,367 shares of the company’s stock worth $136,735,000 after buying an additional 73,442 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 6.7 %

iShares MSCI USA Momentum Factor ETF stock opened at $222.97 on Monday. The company’s 50-day moving average price is $212.86 and its 200-day moving average price is $203.35. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The company has a market cap of $12.07 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.