Signaturefd LLC Acquires 541 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

Signaturefd LLC raised its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 327.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 706 shares of the company’s stock after purchasing an additional 541 shares during the period. Signaturefd LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $146,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Raymond James Financial Inc. bought a new position in iShares MSCI USA Momentum Factor ETF during the 4th quarter valued at approximately $574,824,000. Assetmark Inc. grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.4% during the 4th quarter. Assetmark Inc. now owns 1,750,905 shares of the company’s stock worth $362,297,000 after acquiring an additional 57,922 shares during the period. Blue Trust Inc. grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 7.2% during the 4th quarter. Blue Trust Inc. now owns 1,225,308 shares of the company’s stock worth $253,541,000 after acquiring an additional 81,918 shares during the period. Cerity Partners LLC grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 2.5% during the 3rd quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock worth $217,745,000 after acquiring an additional 26,235 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in shares of iShares MSCI USA Momentum Factor ETF by 3.7% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 995,986 shares of the company’s stock worth $206,089,000 after acquiring an additional 35,468 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

MTUM stock opened at $204.64 on Friday. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $168.49 and a fifty-two week high of $229.77. The business’s 50 day moving average price is $215.34 and its two-hundred day moving average price is $209.94. The company has a market capitalization of $14.07 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.