iShares MSCI USA Momentum Factor ETF $MTUM Shares Bought by Private Advisory Group LLC

Private Advisory Group LLC raised its holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 802.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 43,965 shares of the company’s stock after acquiring an additional 39,091 shares during the period. Private Advisory Group LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $13,952,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. Heritage Family Offices LLP bought a new stake in shares of iShares MSCI USA Momentum Factor ETF in the third quarter valued at approximately $28,000. YANKCOM Partnership purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the 3rd quarter valued at approximately $31,000. Fairway Wealth LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth approximately $36,000. Morling Financial Advisors LLC bought a new position in iShares MSCI USA Momentum Factor ETF in the 2nd quarter worth approximately $50,000. Finally, AlphaCore Capital LLC boosted its holdings in iShares MSCI USA Momentum Factor ETF by 639.1% in the 3rd quarter. AlphaCore Capital LLC now owns 170 shares of the company’s stock worth $54,000 after buying an additional 147 shares during the period.

iShares MSCI USA Momentum Factor ETF Trading Up 0.1%

iShares MSCI USA Momentum Factor ETF stock opened at $69.36 on Friday. iShares MSCI USA Momentum Factor ETF has a 1-year low of $57.35 and a 1-year high of $86.40. The firm has a market capitalization of $17.24 billion, a price-to-earnings ratio of 20.77 and a beta of 1.09. The firm has a 50 day simple moving average of $75.16 and a 200 day simple moving average of $72.59.

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.