ORG Partners LLC Buys 3,668 Shares of iShares MSCI USA Momentum Factor ETF (BATS:MTUM)

ORG Partners LLC grew its stake in iShares MSCI USA Momentum Factor ETF (BATS:MTUM) by 109.4% during the 4th quarter, HoldingsChannel reports. The fund owned 7,022 shares of the company’s stock after purchasing an additional 3,668 shares during the quarter. ORG Partners LLC’s holdings in iShares MSCI USA Momentum Factor ETF were worth $1,453,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Fortitude Family Office LLC boosted its stake in iShares MSCI USA Momentum Factor ETF by 1,255.6% in the 3rd quarter. Fortitude Family Office LLC now owns 122 shares of the company’s stock worth $25,000 after purchasing an additional 113 shares in the last quarter. Abich Financial Wealth Management LLC purchased a new position in iShares MSCI USA Momentum Factor ETF in the second quarter worth about $33,000. Signaturefd LLC lifted its stake in shares of iShares MSCI USA Momentum Factor ETF by 1,550.0% in the third quarter. Signaturefd LLC now owns 165 shares of the company’s stock worth $33,000 after buying an additional 155 shares in the last quarter. Capital Performance Advisors LLP purchased a new stake in shares of iShares MSCI USA Momentum Factor ETF during the third quarter valued at approximately $43,000. Finally, Ashton Thomas Private Wealth LLC bought a new stake in shares of iShares MSCI USA Momentum Factor ETF during the second quarter valued at approximately $48,000.

iShares MSCI USA Momentum Factor ETF Price Performance

BATS MTUM traded up $0.95 during mid-day trading on Friday, reaching $209.78. The stock had a trading volume of 943,283 shares. The stock has a market cap of $11.36 billion, a PE ratio of 18.53 and a beta of 1.10. iShares MSCI USA Momentum Factor ETF has a 1 year low of $81.37 and a 1 year high of $113.60. The company has a fifty day moving average price of $211.40 and a 200 day moving average price of $201.85.

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.