Empower Advisory Group LLC Purchases 75 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Empower Advisory Group LLC boosted its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 4.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,738 shares of the company’s stock after purchasing an additional 75 shares during the quarter. Empower Advisory Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $360,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in MTUM. Fortitude Family Office LLC increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,255.6% during the third quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock valued at $25,000 after acquiring an additional 113 shares in the last quarter. Signaturefd LLC increased its holdings in shares of 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 valued at $33,000 after acquiring an additional 155 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock valued at $41,000 after acquiring an additional 188 shares in the last quarter. Capital Performance Advisors LLP acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the third quarter valued at about $43,000. Finally, AdvisorNet Financial Inc increased its holdings in shares of iShares MSCI USA Momentum Factor ETF by 51.4% during the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock valued at $45,000 after acquiring an additional 74 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 9.6 %

MTUM opened at $229.08 on Thursday. iShares MSCI USA Momentum Factor ETF has a 52-week low of $81.37 and a 52-week high of $113.60. The company has a market cap of $12.40 billion, a P/E ratio of 18.53 and a beta of 1.10. The firm’s 50-day moving average price is $216.18 and its 200-day moving average price is $207.29.

iShares MSCI USA Momentum Factor ETF 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.