US Bancorp DE Buys 483 Shares of iShares MSCI USA Momentum Factor ETF $MTUM

US Bancorp DE boosted its holdings in shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 0.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 76,015 shares of the company’s stock after buying an additional 483 shares during the quarter. US Bancorp DE owned approximately 0.10% of iShares MSCI USA Momentum Factor ETF worth $18,268,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of MTUM. Cullen Frost Bankers Inc. acquired a new position in iShares MSCI USA Momentum Factor ETF during the first quarter worth approximately $26,000. Compass Wealth Management LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the first quarter worth approximately $30,000. Cornerstone Planning Group LLC increased its position in iShares MSCI USA Momentum Factor ETF by 140.3% during the first quarter. Cornerstone Planning Group LLC now owns 149 shares of the company’s stock worth $30,000 after buying an additional 87 shares during the last quarter. Halbert Hargrove Global Advisors LLC acquired a new position in iShares MSCI USA Momentum Factor ETF during the first quarter worth approximately $33,000. Finally, Harbor Investment Advisory LLC increased its position in iShares MSCI USA Momentum Factor ETF by 262.2% during the second quarter. Harbor Investment Advisory LLC now owns 163 shares of the company’s stock worth $39,000 after buying an additional 118 shares during the last quarter.

iShares MSCI USA Momentum Factor ETF Stock Up 19.7%

Shares of BATS MTUM opened at $250.07 on Friday. The business’s 50 day moving average price is $249.19 and its two-hundred day moving average price is $231.22. The company has a market cap of $18.26 billion, a PE ratio of 28.67 and a beta of 1.02. iShares MSCI USA Momentum Factor ETF has a twelve month low of $168.49 and a twelve month high of $240.99.

About iShares MSCI USA Momentum Factor ETF

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.