iShares MSCI USA Momentum Factor ETF $MTUM Shares Bought by Capital Investment Advisors LLC

Capital Investment Advisors LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 58.5% during the third quarter, HoldingsChannel reports. The fund owned 7,278 shares of the company’s stock after acquiring an additional 2,685 shares during the quarter. Capital Investment Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,866,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in MTUM. Harbor Investment Advisory LLC increased its position in iShares MSCI USA Momentum Factor ETF by 262.2% during the 2nd quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock worth $39,000 after purchasing an additional 118 shares during the period. WFA of San Diego LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the 2nd quarter valued at approximately $46,000. GAMMA Investing LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF by 45.0% in the second quarter. GAMMA Investing LLC now owns 216 shares of the company’s stock valued at $52,000 after buying an additional 67 shares in the last quarter. Hilltop National Bank acquired a new position in iShares MSCI USA Momentum Factor ETF during the second quarter worth $55,000. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in iShares MSCI USA Momentum Factor ETF by 397.8% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 224 shares of the company’s stock worth $57,000 after acquiring an additional 179 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS:MTUM opened at $257.15 on Friday. iShares MSCI USA Momentum Factor ETF has a 1 year low of $168.49 and a 1 year high of $240.99. The stock has a fifty day moving average price of $249.98 and a two-hundred day moving average price of $247.89. The stock has a market capitalization of $18.77 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02.

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. MTUM was launched on Apr 16, 2013 and is managed by BlackRock.