Rockefeller Capital Management L.P. Boosts Stock Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

Rockefeller Capital Management L.P. lifted its position in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 177.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 155,060 shares of the company’s stock after acquiring an additional 99,148 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.21% of iShares MSCI USA Momentum Factor ETF worth $38,813,000 as of its most recent filing with the Securities & Exchange Commission.

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

iShares MSCI USA Momentum Factor ETF Price Performance

Shares of iShares MSCI USA Momentum Factor ETF stock opened at $338.52 on Monday. The company has a market cap of $24.71 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02. The company’s 50 day moving average is $299.59 and its 200 day moving average is $268.29. iShares MSCI USA Momentum Factor ETF has a twelve month low of $229.42 and a twelve month high of $339.83.

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.