iShares MSCI USA Momentum Factor ETF $MTUM Shares Acquired by Atria Investments Inc

Atria Investments Inc raised its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 6.0% in the third quarter, Holdings Channel.com reports. The firm owned 98,331 shares of the company’s stock after buying an additional 5,573 shares during the period. Atria Investments Inc’s holdings in iShares MSCI USA Momentum Factor ETF were worth $25,217,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its position in shares of iShares MSCI USA Momentum Factor ETF by 9.5% during the second quarter. Envestnet Asset Management Inc. now owns 12,639,702 shares of the company’s stock worth $3,037,545,000 after buying an additional 1,094,104 shares in the last quarter. Raymond James Financial Inc. boosted its stake in iShares MSCI USA Momentum Factor ETF by 0.4% during the 2nd quarter. Raymond James Financial Inc. now owns 2,942,400 shares of the company’s stock valued at $707,117,000 after acquiring an additional 12,526 shares during the last quarter. Assetmark Inc. grew its holdings in iShares MSCI USA Momentum Factor ETF by 2.4% during the 2nd quarter. Assetmark Inc. now owns 1,855,684 shares of the company’s stock worth $445,958,000 after acquiring an additional 42,864 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of iShares MSCI USA Momentum Factor ETF by 15.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,231,042 shares of the company’s stock worth $295,986,000 after purchasing an additional 168,340 shares during the last quarter. Finally, State of Michigan Retirement System increased its position in shares of iShares MSCI USA Momentum Factor ETF by 1.4% in the 3rd quarter. State of Michigan Retirement System now owns 1,223,490 shares of the company’s stock worth $313,764,000 after purchasing an additional 17,400 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of MTUM stock opened at $255.15 on Thursday. The stock has a market capitalization of $18.63 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a one year low of $171.51 and a one year high of $262.10. The company’s 50-day simple moving average is $254.20 and its 200-day simple moving average is $250.83.

iShares MSCI USA Momentum Factor ETF Company 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.