Simplex Trading LLC Makes New Investment in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Simplex Trading LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 1,447 shares of the company’s stock, valued at approximately $227,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Sound Income Strategies LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 281.5% in the 4th quarter. Sound Income Strategies LLC now owns 248 shares of the company’s stock valued at $39,000 after purchasing an additional 183 shares during the period. Baker Avenue Asset Management LP boosted its stake in iShares MSCI USA Momentum Factor ETF by 46.8% during the third quarter. Baker Avenue Asset Management LP now owns 279 shares of the company’s stock valued at $39,000 after buying an additional 89 shares during the period. Provence Wealth Management Group purchased a new position in iShares MSCI USA Momentum Factor ETF during the third quarter worth about $54,000. O Shaughnessy Asset Management LLC increased its stake in iShares MSCI USA Momentum Factor ETF by 83.4% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 576 shares of the company’s stock worth $80,000 after acquiring an additional 262 shares during the last quarter. Finally, Authentikos Wealth Advisory LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at about $81,000.

iShares MSCI USA Momentum Factor ETF Trading Up 0.1 %

Shares of MTUM opened at $183.87 on Thursday. The stock has a 50-day moving average price of $183.67 and a 200-day moving average price of $166.87. The company has a market cap of $9.96 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60.

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.