Y Intercept Hong Kong Ltd bought a new stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 4,074 shares of the company’s stock, valued at approximately $1,045,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. lifted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 9.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,639,702 shares of the company’s stock worth $3,037,545,000 after acquiring an additional 1,094,104 shares during the last quarter. Osaic Holdings Inc. lifted its stake in iShares MSCI USA Momentum Factor ETF by 59.7% during the second quarter. Osaic Holdings Inc. now owns 517,284 shares of the company’s stock worth $120,371,000 after purchasing an additional 193,332 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF by 15.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,231,042 shares of the company’s stock worth $295,986,000 after purchasing an additional 168,340 shares in the last quarter. AdvisorShares Investments LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 60.3% during the 2nd quarter. AdvisorShares Investments LLC now owns 431,238 shares of the company’s stock valued at $103,635,000 after purchasing an additional 162,186 shares during the last quarter. Finally, Orion Porfolio Solutions LLC increased its position in shares of iShares MSCI USA Momentum Factor ETF by 474.2% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 150,905 shares of the company’s stock valued at $36,265,000 after purchasing an additional 124,622 shares during the last quarter.
iShares MSCI USA Momentum Factor ETF Stock Performance
MTUM stock opened at $255.79 on Friday. The company has a market capitalization of $18.67 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a one year low of $168.49 and a one year high of $240.99. The company’s 50 day moving average price is $253.22 and its two-hundred day moving average price is $250.04.
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.
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