10,048 Shares in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) Purchased by Claro Advisors LLC

Claro Advisors LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) during the 4th quarter, Holdings Channel reports. The fund acquired 10,048 shares of the company’s stock, valued at approximately $2,079,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Signaturefd LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 1,550.0% during the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after buying an additional 155 shares during the period. Arizona PSPRS Trust grew its holdings in iShares MSCI USA Momentum Factor ETF by 2.0% during the 3rd quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock valued at $73,523,000 after purchasing an additional 7,115 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its position in iShares MSCI USA Momentum Factor ETF by 407.5% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,060 shares of the company’s stock worth $791,000 after purchasing an additional 3,260 shares during the period. Mercer Global Advisors Inc. ADV lifted its stake in iShares MSCI USA Momentum Factor ETF by 2.9% in the second quarter. Mercer Global Advisors Inc. ADV now owns 7,551,417 shares of the company’s stock worth $1,463,815,000 after purchasing an additional 213,637 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 2.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 203,140 shares of the company’s stock valued at $39,586,000 after buying an additional 4,802 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Down 1.4 %

Shares of BATS MTUM traded down $2.88 during midday trading on Monday, hitting $206.90. The company’s stock had a trading volume of 1,026,117 shares. The business’s 50 day moving average is $211.56 and its two-hundred day moving average is $202.07. iShares MSCI USA Momentum Factor ETF has a 12-month low of $81.37 and a 12-month high of $113.60. The firm has a market cap of $11.20 billion, a P/E ratio of 18.53 and a beta of 1.10.

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.