iShares MSCI USA Momentum Factor ETF $MTUM Shares Acquired by Cooper Financial Group

Cooper Financial Group grew its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 6.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,069 shares of the company’s stock after purchasing an additional 134 shares during the quarter. Cooper Financial Group’s holdings in iShares MSCI USA Momentum Factor ETF were worth $497,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Truist Financial Corp grew its position in shares of iShares MSCI USA Momentum Factor ETF by 10.5% in the second quarter. Truist Financial Corp now owns 118,764 shares of the company’s stock valued at $28,541,000 after purchasing an additional 11,321 shares during the period. BCU Wealth Advisors LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 26.9% in the second quarter. BCU Wealth Advisors LLC now owns 2,830 shares of the company’s stock valued at $680,000 after purchasing an additional 600 shares during the period. Capital Investment Advisors LLC grew its position in shares of iShares MSCI USA Momentum Factor ETF by 101.3% in the second quarter. Capital Investment Advisors LLC now owns 4,593 shares of the company’s stock valued at $1,104,000 after purchasing an additional 2,311 shares during the period. Centennial Wealth Advisory LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the second quarter valued at about $1,998,000. Finally, LexAurum Advisors LLC acquired a new stake in shares of iShares MSCI USA Momentum Factor ETF in the second quarter valued at about $280,000.

iShares MSCI USA Momentum Factor ETF Trading Up 22.5%

MTUM opened at $256.01 on Thursday. The firm has a market capitalization of $18.69 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a twelve month low of $168.49 and a twelve month high of $240.99. The firm’s 50-day moving average price is $247.26 and its 200 day moving average price is $229.14.

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.