Ascent Group LLC Grows Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Ascent Group LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 185.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,816 shares of the company’s stock after purchasing an additional 6,372 shares during the period. Ascent Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,990,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in MTUM. Comerica Bank increased its holdings in iShares MSCI USA Momentum Factor ETF by 15.7% during the first quarter. Comerica Bank now owns 19,273 shares of the company’s stock valued at $3,611,000 after buying an additional 2,617 shares during the last quarter. Park Avenue Securities LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 9.4% during the second quarter. Park Avenue Securities LLC now owns 45,970 shares of the company’s stock valued at $8,958,000 after buying an additional 3,954 shares during the last quarter. Sweeney & Michel LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 2.6% during the second quarter. Sweeney & Michel LLC now owns 10,688 shares of the company’s stock valued at $2,137,000 after buying an additional 273 shares during the last quarter. Simplicity Wealth LLC increased its holdings in iShares MSCI USA Momentum Factor ETF by 5.9% during the second quarter. Simplicity Wealth LLC now owns 8,512 shares of the company’s stock valued at $1,659,000 after buying an additional 478 shares during the last quarter. Finally, Clarus Wealth Advisors purchased a new stake in iShares MSCI USA Momentum Factor ETF during the second quarter valued at approximately $1,594,000.

iShares MSCI USA Momentum Factor ETF Trading Down 0.8 %

Shares of MTUM stock opened at $214.87 on Tuesday. iShares MSCI USA Momentum Factor ETF has a 12 month low of $81.37 and a 12 month high of $113.60. The stock has a market cap of $11.64 billion, a P/E ratio of 18.53 and a beta of 1.10. The company has a 50 day simple moving average of $207.95 and a two-hundred day simple moving average of $198.00.

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.