Requisite Capital Management LLC Purchases New Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Requisite Capital Management LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,967 shares of the company’s stock, valued at approximately $556,000.

Several other hedge funds also recently made changes to their positions in MTUM. O Shaughnessy Asset Management LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 83.4% during the third quarter. O Shaughnessy Asset Management LLC now owns 576 shares of the company’s stock valued at $80,000 after purchasing an additional 262 shares in the last quarter. Trexquant Investment LP bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the third quarter valued at approximately $743,000. Qube Research & Technologies Ltd boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 88.2% during the third quarter. Qube Research & Technologies Ltd now owns 15,600 shares of the company’s stock valued at $2,179,000 after purchasing an additional 7,311 shares in the last quarter. Lido Advisors LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 9.8% during the third quarter. Lido Advisors LLC now owns 71,171 shares of the company’s stock valued at $9,943,000 after purchasing an additional 6,335 shares in the last quarter. Finally, Rainsberger Wealth Advisors Inc. boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 1.2% during the third quarter. Rainsberger Wealth Advisors Inc. now owns 52,656 shares of the company’s stock valued at $7,356,000 after purchasing an additional 630 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of BATS MTUM traded up $1.19 during mid-day trading on Tuesday, hitting $196.39. 397,942 shares of the stock traded hands. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60. The company has a market cap of $10.63 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The stock has a fifty day moving average price of $188.49 and a 200-day moving average price of $179.08.

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.