Cobblestone Capital Advisors LLC NY increased its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 1.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,408 shares of the company’s stock after purchasing an additional 1,536 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for 1.6% of Cobblestone Capital Advisors LLC NY’s holdings, making the stock its 18th biggest position. Cobblestone Capital Advisors LLC NY owned about 0.26% of iShares MSCI USA Momentum Factor ETF worth $28,639,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of iShares MSCI USA Momentum Factor ETF by 1,880.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 198 shares of the company’s stock worth $41,000 after acquiring an additional 188 shares in the last quarter. AdvisorNet Financial Inc increased its position in shares of iShares MSCI USA Momentum Factor ETF by 51.4% in the fourth quarter. AdvisorNet Financial Inc now owns 218 shares of the company’s stock worth $45,000 after acquiring an additional 74 shares in the last quarter. Vontobel Holding Ltd. purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter worth approximately $432,000. Kingsview Wealth Management LLC grew its position in iShares MSCI USA Momentum Factor ETF by 17.9% during the fourth quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock valued at $275,000 after purchasing an additional 202 shares in the last quarter. Finally, Arizona PSPRS Trust grew its position in iShares MSCI USA Momentum Factor ETF by 2.0% during the third quarter. Arizona PSPRS Trust now owns 362,613 shares of the company’s stock valued at $73,523,000 after purchasing an additional 7,115 shares in the last quarter.
iShares MSCI USA Momentum Factor ETF Stock Performance
Shares of MTUM opened at $218.62 on Friday. The company’s 50 day moving average price is $217.23 and its 200 day moving average price is $208.96. 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 capitalization of $15.69 billion, a PE ratio of 28.87 and a beta of 0.98.
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.
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