US Bancorp DE Acquires 46,640 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

US Bancorp DE increased its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 158.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,043 shares of the company’s stock after purchasing an additional 46,640 shares during the period. US Bancorp DE owned approximately 0.14% of iShares MSCI USA Momentum Factor ETF worth $15,735,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Assetmark Inc. increased its position in shares of iShares MSCI USA Momentum Factor ETF by 4.5% during the 3rd quarter. Assetmark Inc. now owns 1,692,983 shares of the company’s stock worth $343,269,000 after purchasing an additional 72,891 shares during the last quarter. Blue Trust Inc. increased 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 last quarter. Cerity Partners LLC grew its holdings in iShares MSCI USA Momentum Factor ETF by 2.5% in the 3rd quarter. Cerity Partners LLC now owns 1,073,907 shares of the company’s stock valued at $217,745,000 after buying an additional 26,235 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position 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 valued at $206,089,000 after acquiring an additional 35,468 shares during the period. Finally, FMR LLC lifted its position in shares of iShares MSCI USA Momentum Factor ETF by 12.2% during the 3rd quarter. FMR LLC now owns 674,367 shares of the company’s stock valued at $136,735,000 after acquiring an additional 73,442 shares during the period.

iShares MSCI USA Momentum Factor ETF Stock Performance

BATS:MTUM opened at $214.18 on Tuesday. The stock has a fifty day moving average price of $217.33 and a 200-day moving average price of $209.36. The company has a market cap of $15.37 billion, a price-to-earnings ratio of 28.87 and a beta of 0.98. iShares MSCI USA Momentum Factor ETF has a fifty-two week low of $81.37 and a fifty-two week high of $113.60.

iShares MSCI USA Momentum Factor ETF Company 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.