iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Shares Purchased by D.A. Davidson & CO.

D.A. Davidson & CO. raised its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 15.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,441 shares of the company’s stock after acquiring an additional 1,020 shares during the period. D.A. Davidson & CO.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,509,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Fortitude Family Office LLC lifted its position in iShares MSCI USA Momentum Factor ETF by 1,255.6% in the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after buying an additional 113 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth approximately $33,000. Signaturefd LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% during the 3rd quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after purchasing an additional 155 shares during the period. Capital Performance Advisors LLP acquired a new stake in iShares MSCI USA Momentum Factor ETF in the 3rd quarter valued at approximately $43,000. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF in the second quarter valued at approximately $48,000.

iShares MSCI USA Momentum Factor ETF Stock Up 0.6 %

BATS:MTUM opened at $216.52 on Friday. The stock has a market capitalization of $11.72 billion, a price-to-earnings ratio of 18.53 and a beta of 1.10. The stock’s fifty day moving average is $207.70 and its two-hundred day moving average is $197.75. iShares MSCI USA Momentum Factor ETF has a 52 week low of $81.37 and a 52 week high of $113.60.

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.