iShares MSCI USA Momentum Factor ETF $MTUM Shares Acquired by Integrated Advisors Network LLC

Integrated Advisors Network LLC increased its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 78.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,846 shares of the company’s stock after purchasing an additional 4,335 shares during the period. Integrated Advisors Network LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $2,363,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MTUM. Braun Bostich & Associates Inc. lifted its stake in iShares MSCI USA Momentum Factor ETF by 63.4% during the fourth quarter. Braun Bostich & Associates Inc. now owns 11,497 shares of the company’s stock valued at $2,878,000 after buying an additional 4,463 shares in the last quarter. BCGM Wealth Management LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 45.0% in the fourth quarter. BCGM Wealth Management LLC now owns 25,663 shares of the company’s stock worth $6,424,000 after acquiring an additional 7,960 shares in the last quarter. Cypress Wealth Services LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 63.6% during the fourth quarter. Cypress Wealth Services LLC now owns 14,772 shares of the company’s stock valued at $3,698,000 after acquiring an additional 5,740 shares during the period. Flagship Capital Management Inc. acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter valued at approximately $1,779,000. Finally, Assetmark Inc. lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 2.5% in the 4th quarter. Assetmark Inc. now owns 1,502,409 shares of the company’s stock valued at $376,068,000 after acquiring an additional 37,278 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

iShares MSCI USA Momentum Factor ETF stock opened at $312.44 on Wednesday. The company has a 50 day moving average price of $313.33 and a 200 day moving average price of $274.86. iShares MSCI USA Momentum Factor ETF has a 52 week low of $229.42 and a 52 week high of $345.59. The firm has a market capitalization of $22.81 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.