Orion Portfolio Solutions LLC Increases Stock Holdings in iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Orion Portfolio Solutions LLC raised its position in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 747.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,689 shares of the company’s stock after acquiring an additional 22,657 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $5,316,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 204.8% in the fourth quarter. JPMorgan Chase & Co. now owns 1,128,104 shares of the company’s stock valued at $233,427,000 after purchasing an additional 758,024 shares in the last quarter. Financial Counselors Inc. grew its stake in shares of iShares MSCI USA Momentum Factor ETF by 5.6% in the fourth quarter. Financial Counselors Inc. now owns 1,427 shares of the company’s stock worth $295,000 after acquiring an additional 76 shares in the last quarter. Murphy & Mullick Capital Management Corp purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $30,000. PKS Advisory Services LLC purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the fourth quarter worth $1,093,000. Finally, Signature Estate & Investment Advisors LLC raised its stake in shares of iShares MSCI USA Momentum Factor ETF by 8.0% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 12,029 shares of the company’s stock valued at $2,489,000 after acquiring an additional 889 shares in the last quarter.

iShares MSCI USA Momentum Factor ETF Price Performance

MTUM opened at $200.78 on Friday. The business has a fifty day moving average price of $214.93 and a 200 day moving average price of $210.55. iShares MSCI USA Momentum Factor ETF has a 12 month low of $168.49 and a 12 month high of $229.77. The stock has a market capitalization of $13.80 billion, a price-to-earnings ratio of 27.42 and a beta of 0.99.

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.