iShares MSCI USA Momentum Factor ETF $MTUM Stake Boosted by Kathmere Capital Management LLC

Kathmere Capital Management LLC boosted its stake in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 2.8% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 180,808 shares of the company’s stock after buying an additional 4,911 shares during the quarter. iShares MSCI USA Momentum Factor ETF makes up approximately 2.7% of Kathmere Capital Management LLC’s portfolio, making the stock its 5th largest holding. Kathmere Capital Management LLC owned about 0.25% of iShares MSCI USA Momentum Factor ETF worth $43,392,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Beacon Financial Advisory LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 2.5% during the 1st quarter. Beacon Financial Advisory LLC now owns 1,504 shares of the company’s stock valued at $361,000 after acquiring an additional 36 shares during the period. Caliber Wealth Management LLC KS raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 0.4% in the 4th quarter. Caliber Wealth Management LLC KS now owns 9,680 shares of the company’s stock worth $2,423,000 after purchasing an additional 39 shares during the period. Traction Financial Partners LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.4% in the 4th quarter. Traction Financial Partners LLC now owns 1,206 shares of the company’s stock worth $302,000 after purchasing an additional 40 shares during the period. Clark Capital Management Group Inc. raised its holdings in shares of iShares MSCI USA Momentum Factor ETF by 4.3% in the 4th quarter. Clark Capital Management Group Inc. now owns 994 shares of the company’s stock worth $249,000 after purchasing an additional 41 shares during the period. Finally, Lunt Capital Management Inc. lifted its stake in iShares MSCI USA Momentum Factor ETF by 3.0% in the fourth quarter. Lunt Capital Management Inc. now owns 1,500 shares of the company’s stock valued at $375,000 after purchasing an additional 43 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Performance

Shares of BATS MTUM opened at $316.53 on Monday. The stock has a fifty day simple moving average of $311.78 and a two-hundred day simple moving average of $273.85. 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 market cap of $23.11 billion, a price-to-earnings ratio of 28.67 and a beta of 1.02.

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.