Marino Stram & Associates LLC grew its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 1.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 5,718 shares of the company’s stock after buying an additional 91 shares during the quarter. Marino Stram & Associates LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,159,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also made changes to their positions in MTUM. GAMMA Investing LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the 1st quarter worth about $29,000. Mather Group LLC. purchased a new position in iShares MSCI USA Momentum Factor ETF in the first quarter valued at approximately $80,000. RFG Advisory LLC acquired a new stake in iShares MSCI USA Momentum Factor ETF during the first quarter worth approximately $700,000. &PARTNERS purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 1st quarter worth approximately $236,000. Finally, CGN Advisors LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.9% in the 1st quarter. CGN Advisors LLC now owns 3,851 shares of the company’s stock valued at $721,000 after buying an additional 146 shares in the last quarter.
iShares MSCI USA Momentum Factor ETF Stock Up 0.3 %
MTUM traded up $0.68 on Monday, reaching $209.33. The company had a trading volume of 293,565 shares. The stock has a 50-day moving average price of $198.52 and a 200-day moving average price of $191.89. The stock has a market capitalization of $11.34 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60.
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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