Blue Trust Inc. increased its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 7.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,225,308 shares of the company’s stock after purchasing an additional 81,918 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for 3.2% of Blue Trust Inc.’s investment portfolio, making the stock its 12th biggest position. Blue Trust Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $253,541,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at about $253,000. Exchange Traded Concepts LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at about $78,000. Bfsg LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at about $56,000. Good Life Advisors LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 96.6% during the 3rd quarter. Good Life Advisors LLC now owns 4,428 shares of the company’s stock valued at $898,000 after purchasing an additional 2,176 shares in the last quarter. Finally, Strid Group LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at about $250,000.
iShares MSCI USA Momentum Factor ETF Price Performance
Shares of BATS MTUM opened at $228.40 on Friday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The stock has a market cap of $12.37 billion, a P/E ratio of 18.53 and a beta of 1.10. The firm has a 50-day moving average of $214.98 and a 200 day moving average of $205.94.
About iShares MSCI USA Momentum Factor ETF
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.
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