Van Hulzen Asset Management LLC Has $11.24 Million Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Van Hulzen Asset Management LLC raised its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 3.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 54,331 shares of the company’s stock after acquiring an additional 1,944 shares during the period. Van Hulzen Asset Management LLC owned about 0.10% of iShares MSCI USA Momentum Factor ETF worth $11,242,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. Raymond James Financial Inc. bought a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at about $574,824,000. Envestnet Portfolio Solutions Inc. raised its holdings in iShares MSCI USA Momentum Factor ETF by 5,196.8% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 689,435 shares of the company’s stock worth $142,658,000 after buying an additional 676,419 shares during the period. Park Avenue Securities LLC lifted its stake 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 valued at $104,969,000 after buying an additional 463,387 shares in the last quarter. Summit Rock Advisors LP acquired a new position in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter valued at approximately $65,392,000. Finally, Janney Montgomery Scott LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 140.9% during 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.

iShares MSCI USA Momentum Factor ETF Trading Down 3.3 %

MTUM opened at $202.19 on Friday. The stock has a market capitalization of $13.90 billion, a P/E ratio of 27.42 and a beta of 0.99. iShares MSCI USA Momentum Factor ETF has a 12 month low of $168.49 and a 12 month high of $229.77. The firm’s fifty day simple moving average is $216.02 and its 200 day simple moving average is $209.64.

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.