iShares MSCI USA Momentum Factor ETF (BATS:MTUM) is Symmetry Partners LLC’s 3rd Largest Position

Symmetry Partners LLC lifted its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 63.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 199,250 shares of the company’s stock after purchasing an additional 77,659 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for about 5.9% of Symmetry Partners LLC’s holdings, making the stock its 3rd largest holding. Symmetry Partners LLC owned approximately 0.37% of iShares MSCI USA Momentum Factor ETF worth $41,229,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the 4th quarter worth about $574,824,000. Assetmark Inc. boosted its holdings in iShares MSCI USA Momentum Factor ETF by 3.4% during the 4th quarter. Assetmark Inc. now owns 1,750,905 shares of the company’s stock valued at $362,297,000 after acquiring an additional 57,922 shares during the period. Blue Trust Inc. boosted its holdings in iShares MSCI USA Momentum Factor ETF by 7.2% during the 4th quarter. Blue Trust Inc. now owns 1,225,308 shares of the company’s stock valued at $253,541,000 after acquiring an additional 81,918 shares during the period. Cerity Partners LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 2.5% during the 3rd quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock valued at $217,745,000 after acquiring an additional 26,235 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in iShares MSCI USA Momentum Factor ETF by 3.7% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 995,986 shares of the company’s stock valued at $206,089,000 after acquiring an additional 35,468 shares during the period.

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of MTUM stock opened at $204.28 on Thursday. The stock has a market capitalization of $14.04 billion, a PE ratio of 27.42 and a beta of 0.99. iShares MSCI USA Momentum Factor ETF has a 1-year low of $168.49 and a 1-year high of $229.77. The business has a 50-day moving average of $215.56 and a 200 day moving average of $209.80.

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.