Mather Group LLC. Purchases 1,983 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Mather Group LLC. lifted its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 317.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,608 shares of the company’s stock after purchasing an additional 1,983 shares during the quarter. Mather Group LLC.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $540,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Park Avenue Securities LLC grew its position in iShares MSCI USA Momentum Factor ETF by 1,055.4% in the fourth quarter. Park Avenue Securities LLC now owns 507,294 shares of the company’s stock worth $104,969,000 after acquiring an additional 463,387 shares in the last quarter. Janney Montgomery Scott LLC grew its position in iShares MSCI USA Momentum Factor ETF by 140.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 425,097 shares of the company’s stock worth $87,961,000 after acquiring an additional 248,600 shares in the last quarter. Citigroup Inc. boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 1,266.9% during the third quarter. Citigroup Inc. now owns 253,036 shares of the company’s stock valued at $51,305,000 after buying an additional 234,524 shares during the period. Foundations Investment Advisors LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 245.6% during the fourth quarter. Foundations Investment Advisors LLC now owns 225,033 shares of the company’s stock valued at $46,564,000 after buying an additional 159,916 shares during the period. Finally, JB Capital LLC purchased a new position in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at approximately $32,997,000.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of BATS:MTUM opened at $223.77 on Thursday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The firm has a market capitalization of $12.12 billion, a PE ratio of 18.53 and a beta of 1.10. The business has a 50 day simple moving average of $213.57 and a two-hundred day simple moving average of $204.41.

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.