Atlas Capital Advisors Inc. acquired a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 25,716 shares of the company’s stock, valued at approximately $6,437,000.
A number of other institutional investors also recently modified their holdings of the company. Dagco Inc. acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at $25,000. Triumph Capital Management acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at $25,000. Cary Street Partners Financial LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at $25,000. Eagle Bay Advisors LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at $26,000. Finally, United Financial Planning Group LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at $28,000.
iShares MSCI USA Momentum Factor ETF Stock Up 1.7%
iShares MSCI USA Momentum Factor ETF stock opened at $324.40 on Friday. iShares MSCI USA Momentum Factor ETF has a 12-month low of $229.42 and a 12-month high of $331.49. The firm’s fifty day moving average is $291.25 and its 200 day moving average is $265.12. The company has a market capitalization of $23.68 billion, a PE ratio of 28.67 and a beta of 1.02.
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.
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