Capital Investment Advisory Services LLC Raises Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Capital Investment Advisory Services LLC raised its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 1.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,373 shares of the company’s stock after purchasing an additional 103 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,146,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. increased its holdings 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 buying an additional 188 shares during the last quarter. AdvisorNet Financial Inc increased its holdings in iShares MSCI USA Momentum Factor ETF by 51.4% in the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after buying an additional 74 shares during the last quarter. Signaturefd LLC boosted its holdings in 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 during the period. Arizona PSPRS Trust lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.0% during the 3rd quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock worth $73,523,000 after acquiring an additional 7,115 shares during the period. Finally, Stonehearth Capital Management LLC raised its position in iShares MSCI USA Momentum Factor ETF by 1.2% in the 3rd quarter. Stonehearth Capital Management LLC now owns 178,494 shares of the company’s stock valued at $36,192,000 after purchasing an additional 2,083 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM opened at $216.31 on Thursday. The firm has a market cap of $11.71 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The firm’s fifty day moving average is $213.05 and its two-hundred day moving average is $203.59.

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.