iShares MSCI USA Momentum Factor ETF Sees Unusually Large Options Volume (BATS:MTUM)

iShares MSCI USA Momentum Factor ETF (BATS:MTUM) was the recipient of unusually large options trading on Tuesday. Stock traders purchased 7,272 put options on the company. This is an increase of approximately 82% compared to the typical daily volume of 4,005 put options.

iShares MSCI USA Momentum Factor ETF Trading Up 4.3 %

iShares MSCI USA Momentum Factor ETF stock opened at $218.03 on Thursday. The stock has a 50 day moving average of $216.78 and a two-hundred day moving average of $208.69. iShares MSCI USA Momentum Factor ETF has a twelve month low of $81.37 and a twelve month high of $113.60. The stock has a market capitalization of $15.64 billion, a price-to-earnings ratio of 28.87 and a beta of 0.98.

Institutional Investors Weigh In On iShares MSCI USA Momentum Factor ETF

Hedge funds have recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. raised its position in 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 stake in shares of iShares MSCI USA Momentum Factor ETF by 51.4% during the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after acquiring an additional 74 shares during the period. Vontobel Holding Ltd. purchased a new position in iShares MSCI USA Momentum Factor ETF during the fourth quarter worth about $432,000. Signaturefd LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 1,550.0% in the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock valued at $33,000 after purchasing an additional 155 shares during the period. Finally, Kingsview Wealth Management LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 17.9% in the 4th quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock valued at $275,000 after purchasing an additional 202 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Company 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.