iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Position Boosted by Dark Forest Capital Management LP

Dark Forest Capital Management LP raised its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 86.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,765 shares of the company’s stock after acquiring an additional 4,060 shares during the period. Dark Forest Capital Management LP’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,814,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% during 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. AdvisorNet Financial Inc increased its stake 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 valued at $45,000 after buying an additional 74 shares during the period. Vontobel Holding Ltd. acquired a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at about $432,000. Kingsview Wealth Management LLC raised its position in shares of iShares MSCI USA Momentum Factor ETF by 17.9% during the 4th quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock worth $275,000 after buying an additional 202 shares in the last quarter. Finally, Summit X LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,416.6% in the 4th quarter. Summit X LLC now owns 22,142 shares of the company’s stock worth $4,582,000 after acquiring an additional 20,682 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM opened at $195.97 on Wednesday. The stock’s 50 day moving average price is $204.53 and its 200 day moving average price is $209.67. The stock has a market cap of $13.53 billion, a price-to-earnings ratio of 26.98 and a beta of 1.00. iShares MSCI USA Momentum Factor ETF has a 12 month low of $168.49 and a 12 month high of $229.77.

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.