Addison Capital Co acquired a new stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 9,611 shares of the company’s stock, valued at approximately $2,306,000.
A number of other hedge funds and other institutional investors have also modified their holdings of MTUM. Triumph Capital Management acquired a new position in iShares MSCI USA Momentum Factor ETF during the third quarter valued at approximately $25,000. Cary Street Partners Financial LLC acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth approximately $25,000. Dagco Inc. acquired a new position in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth approximately $25,000. Eagle Bay Advisors LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter worth approximately $26,000. Finally, Financial Network Wealth Advisors LLC boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 176.3% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 105 shares of the company’s stock valued at $26,000 after buying an additional 67 shares during the last quarter.
iShares MSCI USA Momentum Factor ETF Trading Down 2.9%
BATS:MTUM opened at $312.44 on Wednesday. iShares MSCI USA Momentum Factor ETF has a 1-year low of $229.42 and a 1-year high of $345.59. The firm has a fifty day simple moving average of $313.33 and a 200 day simple moving average of $274.86. The stock has a market capitalization of $22.81 billion, a PE 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.
Featured Stories
- Five stocks we like better than iShares MSCI USA Momentum Factor ETF
- Apple and Broadcom Forge a Decade-Long Silicon Fortress
- SK Hynix’s Nasdaq Listing Could Reset the AI Memory Trade
- The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
- Palantir’s CEO Just Called Out OpenAI and Anthropic
Want to see what other hedge funds are holding MTUM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report).
Receive News & Ratings for iShares MSCI USA Momentum Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Momentum Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
