iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Bought by Swmg LLC

Swmg LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 9.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 14,905 shares of the company’s stock after acquiring an additional 1,263 shares during the period. iShares MSCI USA Momentum Factor ETF accounts for approximately 1.3% of Swmg LLC’s portfolio, making the stock its 19th biggest position. Swmg LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,309,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of MTUM. Assetmark Inc. lifted its holdings in iShares MSCI USA Momentum Factor ETF by 4.5% in the third quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock valued at $343,269,000 after acquiring an additional 72,891 shares during the last quarter. Cerity Partners LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.5% during the 3rd quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock worth $217,745,000 after purchasing an additional 26,235 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in iShares MSCI USA Momentum Factor ETF by 3.7% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 995,986 shares of the company’s stock worth $206,089,000 after buying an additional 35,468 shares during the period. FMR LLC raised its stake 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 valued at $136,735,000 after acquiring an additional 73,442 shares during the period. Finally, LPL Financial LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 2.0% during the third quarter. LPL Financial LLC now owns 619,786 shares of the company’s stock worth $125,668,000 after purchasing an additional 11,968 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 4.9 %

MTUM opened at $219.20 on Friday. The firm has a market cap of $11.87 billion, a price-to-earnings 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. The stock’s 50-day moving average price is $213.31 and its 200 day moving average price is $203.79.

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.