2,842 iShares MSCI USA Momentum Factor ETF $MTUM Shares Acquired by Washburn Capital Management Inc.

Washburn Capital Management Inc. raised its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 8.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 37,884 shares of the company’s stock after purchasing an additional 2,842 shares during the period. iShares MSCI USA Momentum Factor ETF accounts for 5.9% of Washburn Capital Management Inc.’s portfolio, making the stock its 4th largest position. Washburn Capital Management Inc.’s holdings in iShares MSCI USA Momentum Factor ETF were worth $12,022,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in MTUM. Orgel Wealth Management LLC boosted its position in shares of iShares MSCI USA Momentum Factor ETF by 27.0% in the 3rd quarter. Orgel Wealth Management LLC now owns 854,260 shares of the company’s stock worth $271,091,000 after purchasing an additional 181,536 shares in the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 177.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 155,060 shares of the company’s stock worth $38,813,000 after buying an additional 99,148 shares during the last quarter. Ameritas Advisory Services LLC grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 51.2% in the 2nd quarter. Ameritas Advisory Services LLC now owns 192,185 shares of the company’s stock worth $65,887,000 after buying an additional 65,103 shares during the last quarter. Nan Shan Life Insurance Co. Ltd. bought a new position in iShares MSCI USA Momentum Factor ETF during the 2nd quarter valued at approximately $18,576,000. Finally, State of Michigan Retirement System increased its position in iShares MSCI USA Momentum Factor ETF by 4.1% during the 1st quarter. State of Michigan Retirement System now owns 1,340,090 shares of the company’s stock valued at $321,608,000 after buying an additional 52,800 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM stock traded up $3.08 on Monday, reaching $296.25. 581,078 shares of the company traded hands, compared to its average volume of 1,229,802. The firm has a fifty day simple moving average of $309.73 and a 200-day simple moving average of $304.39. The company has a market cap of $21.63 billion, a P/E ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a one year low of $229.42 and a one year high of $345.59.

Shares of iShares MSCI USA Momentum Factor ETF are going to split on Thursday, November 5th. The 4-1 split was recently announced. The newly issued shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

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.