Jefferies Financial Group Inc. Purchases 18,061 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

Jefferies Financial Group Inc. lifted its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 843.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,203 shares of the company’s stock after purchasing an additional 18,061 shares during the quarter. Jefferies Financial Group Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $5,057,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Dagco Inc. purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at about $25,000. Triumph Capital Management purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at about $25,000. Eagle Bay Advisors LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at about $26,000. United Financial Planning Group LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at about $28,000. Finally, Howe & Rusling Inc. raised its position in shares of iShares MSCI USA Momentum Factor ETF by 425.0% during the 3rd quarter. Howe & Rusling Inc. now owns 126 shares of the company’s stock valued at $32,000 after buying an additional 102 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

iShares MSCI USA Momentum Factor ETF stock opened at $303.60 on Tuesday. iShares MSCI USA Momentum Factor ETF has a 1-year low of $223.47 and a 1-year high of $307.96. The firm has a market capitalization of $22.16 billion, a P/E ratio of 28.67 and a beta of 1.02. The company’s 50-day moving average is $270.51 and its 200 day moving average is $258.25.

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.