Allstate Corp Purchases 6,388 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Allstate Corp raised its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 109.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 12,246 shares of the company’s stock after acquiring an additional 6,388 shares during the period. Allstate Corp’s holdings in iShares MSCI USA Momentum Factor ETF were worth $3,065,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Fisher Asset Management LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 21.8% in the 4th quarter. Fisher Asset Management LLC now owns 1,178 shares of the company’s stock valued at $295,000 after acquiring an additional 211 shares in the last quarter. Clearstead Advisors LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 8.3% during the 4th quarter. Clearstead Advisors LLC now owns 2,825 shares of the company’s stock worth $707,000 after purchasing an additional 217 shares in the last quarter. HBK Sorce Advisory LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 3.8% during the 4th quarter. HBK Sorce Advisory LLC now owns 1,567 shares of the company’s stock worth $397,000 after purchasing an additional 57 shares in the last quarter. LifePlan Investment Advisors Inc. raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 8.6% during the 4th quarter. LifePlan Investment Advisors Inc. now owns 4,878 shares of the company’s stock worth $1,221,000 after purchasing an additional 388 shares in the last quarter. Finally, Prospera Financial Services Inc raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 8.4% during the 4th quarter. Prospera Financial Services Inc now owns 3,689 shares of the company’s stock worth $925,000 after purchasing an additional 285 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Down 0.2%

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $313.33 on Thursday. iShares MSCI USA Momentum Factor ETF has a 12-month low of $228.53 and a 12-month high of $317.25. The business’s 50 day moving average is $273.25 and its 200-day moving average is $259.16. The stock has a market cap of $22.87 billion, a P/E ratio of 28.67 and a beta of 1.02.

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