Lion Street Advisors LLC Raises Stock Holdings in iShares MSCI USA Momentum Factor ETF $MTUM

Lion Street Advisors LLC raised its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 29.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,519 shares of the company’s stock after buying an additional 798 shares during the quarter. Lion Street Advisors LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $846,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MTUM. Bison Wealth LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 4.4% in the fourth quarter. Bison Wealth LLC now owns 3,148 shares of the company’s stock valued at $651,000 after buying an additional 133 shares during the last quarter. SG Americas Securities LLC purchased a new stake in iShares MSCI USA Momentum Factor ETF in the first quarter valued at approximately $1,213,000. CX Institutional purchased a new stake in iShares MSCI USA Momentum Factor ETF in the first quarter valued at approximately $43,000. Fifth Third Bancorp lifted its stake in iShares MSCI USA Momentum Factor ETF by 13.0% in the first quarter. Fifth Third Bancorp now owns 3,931 shares of the company’s stock valued at $795,000 after buying an additional 453 shares during the last quarter. Finally, Everpar Advisors LLC lifted its stake in iShares MSCI USA Momentum Factor ETF by 33.5% in the first quarter. Everpar Advisors LLC now owns 1,356 shares of the company’s stock valued at $274,000 after buying an additional 340 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Trading Up 19.7%

Shares of BATS MTUM opened at $250.07 on Monday. iShares MSCI USA Momentum Factor ETF has a twelve month low of $168.49 and a twelve month high of $240.99. The stock has a 50 day moving average of $249.19 and a two-hundred day moving average of $231.50. The stock has a market cap of $18.26 billion, a P/E ratio of 28.67 and a beta of 1.02.

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.