High Probability Advisors LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM – Free Report) by 3.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 296,479 shares of the company’s stock after acquiring an additional 9,317 shares during the quarter. iShares MSCI USA Momentum Factor ETF accounts for approximately 10.0% of High Probability Advisors LLC’s holdings, making the stock its 2nd biggest holding. High Probability Advisors LLC owned approximately 0.43% of iShares MSCI USA Momentum Factor ETF worth $59,927,000 at the end of the most recent quarter.
Several other large investors have also recently made changes to their positions in the business. Vontobel Holding Ltd. purchased a new position in shares of iShares MSCI USA Momentum Factor ETF in the fourth quarter worth $432,000. Kingsview Wealth Management LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 17.9% in the fourth quarter. Kingsview Wealth Management LLC now owns 1,330 shares of the company’s stock worth $275,000 after buying an additional 202 shares during the period. Snowden Capital Advisors LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 297.6% in the fourth quarter. Snowden Capital Advisors LLC now owns 16,347 shares of the company’s stock worth $3,383,000 after buying an additional 12,236 shares during the period. GAMMA Investing LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 17,512.3% in the first quarter. GAMMA Investing LLC now owns 30,117 shares of the company’s stock worth $6,088,000 after buying an additional 29,946 shares during the period. Finally, Summit X LLC increased its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,416.6% in the fourth quarter. Summit X LLC now owns 22,142 shares of the company’s stock worth $4,582,000 after buying an additional 20,682 shares during the period.
iShares MSCI USA Momentum Factor ETF Trading Up 10.0%
Shares of iShares MSCI USA Momentum Factor ETF stock opened at $229.98 on Friday. The company’s fifty day simple moving average is $216.76 and its two-hundred day simple moving average is $213.69. The company has a market cap of $16.86 billion, a P/E ratio of 28.96 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a 12-month low of $168.49 and a 12-month high of $234.78.
About iShares MSCI USA Momentum Factor ETF
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.
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